annual accounts 2018-2019

ANNUAL ACCOUNTS

2018-2019

UNIVERSITY GRANTS COMMISSIONBahadur Shah Zafar Marg

New Delhi - 110002www.ugc.ac.in

Kku&foKku foeqDr;s

© UNIVERSITY GRANTS COMMISSIONPrinted : November 2019 120 copies

Print and Published by : Secretary, University Grants Commission, Bahadur Shah Zafar Marg, New Delhi-110002

Printed by : Chandu Press, D-97, Shakarpur, Delhi-110092 Mob.: 9810519841, Phone : 011-22526936

iii

UNIVERSITY GRANTS COMMISSION

FINANCIAL STATEMENTS 2018-2019INDEX

PARTICULARS PAGESFINANCIAL STATEMENTS Balance Sheet as at 31st March 2019 1Income and Expenditure Account for the year ended 31st March 2019 2Receipts and Payments Accounts for the period 1st April 2018 to 31st March 2019 3SCHEDULES & ANNEXURES Schedules forming part of Balance Sheet (1 to 8) 4-12Schedules forming part of Income & Expenditure (9 to 22) 13-30Banks Balance (Head Quarter & Regional Offices) as per Annexure-1 31-34ANNEXURES FOR REVENUE EXPENDITURE GRANT 35-57ANNUAL ACCOUNT GPF 58-60ANNUAL ACCOUNT CPF 61-66NOTES & POLICIES Significant Accounting Policies (Schedule-23) 67Contingent Liabilities & Notes on Accounts (Schedule-24) 68-69SEPARATE AUDIT REPORT

Separate Audit Report (SAR) 70-82 Comments of UGC on SAR 83-96

1


BALANCE SHEET AS AT 31st MARCH 2019(Amount in Rs.)

SOURCES OF FUNDS Schedule 2018-19 2017-18 CORPUS/CAPITAL FUND 1 2,510,967,318 3,597,921,241 DESIGNATED/ EARMARKED / ENDOWMENT FUNDS 2 582,449,227 568,310,455 CURRENT LIABILITIES & PROVISIONS 3 8,313,825,609 7,206,029,931 TOTAL 11,407,242,154 11,372,261,627 APPLICATION OF FUNDS FIXED ASSETS 4 Tangible Assets 53,922,861 38,801,859 Intangible Assets - - Capital Works-In-Progress - - INVESTMENTS FROM EARMARKED / ENDOWMENT FUNDS 5 Long Term 611,884,567 534,002,959 Short Term - - INVESTMENT OTHER 6 CURRENT ASSETS 7 10,616,568,915 10,755,408,992 LOANS, ADVANCES & DEPOSITS 8 124,865,811 44,047,817 TOTAL 11,407,242,154 11,372,261,627 PRINCIPLE ACCOUNTING POLICIES 23 NOTES TO ACCOUNTS 24

(ARUN KUMAR SINHA)UNDER SECRETARY

(DR. AJAY KUMAR KHANDURI)JOINT SECRETARY

(PRAKASH KUMAR THAKUR)FINANCIAL ADVISOR

(PROF. RAJNISH JAIN)SECRETARY

Place : Date :

2


INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED ON 31st MARCH 2019(Amount in Rs.)

Particulars Schedule 2018-19 2017-18INCOME Academic Receipts 9 - - Grants / Subsidies 10 114,435,887,818 123,023,283,410 Income from Investments 11 - 5,971,301 Interest earned 12 682,638,268 913,965,288 Other Income 13 34,759,554 6,022,680 Prior Period Income 14 - - TOTAL (A) 115,153,285,640 123,949,242,678 EXPENDITURE Staff Payments & Benefits (Establishment Expenses) 15 729,495,853 797,095,532 Expenditure on Grants, Subsidies etc 10 114,070,201,723 123,418,873,112 Academic Expenses 16 - - Administrative and General Expenses 17 314,393,272 320,503,194 Transportation Expenses 18 6,291,249 5,995,018 Repairs & Maintenance 19 12,380,372 4,806,187 Finance Costs (Bank Charges) 20 89,343 60,458 Other Expense 21 - - Prior Period Expenses 22 14,030,940 - Interest paid to GPF Subscriber (NET) 11 6,402,888 - Depreciation 4 10,956,873 9,824,525 TOTAL (B) 115,164,242,513 124,557,158,026 Balance being excess of Income over Expenditure (A-B) -10,956,873 -607,915,348

Transfer to / from Designated Fund - - Building fund - - Others (specify) - - Balance Being Surplus / (Deficit) carried to Corpus Capital Fund

Principle Accounting Policies 23 Notes to Accounts 24





Place : Date :

3


RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31st MARCH 2019(Amount in Rs.)

RECEIPTS 2018-19 2017-18 PAYMENTS 2018-19 2017-18Opening Balance Expenses Bank Balance - - Establishment Expenses 676,761,227 748,051,668 Savings Accounts(HQ) 10,426,362,270 11,344,986,407 Adminstrative Expenses 311,070,623 324,268,153 Savings Accounts(RO) 270,597,123 170,952,593 Transportation Expenses 6,291,249 5,995,018 In Deposit Accounts(HQ) 534,002,959 488,752,959 Repairs & Maintenance 12,380,372 4,806,187 In GPF/CPF/NPS A/c 34,697,467 30,917,844 Finance Cost (Bank Charges) 89,343 60,458

Prior Period Expenses 14,030,940

Grants Received

Payments against Earmarked/ Endowment Funds (Sch 9)

46,058,475 39,559,602

From Ministries 113,681,993,310 120,418,321,000 Payments against Earmarked/ Endowment Funds (Sch 2)

35,429,704 -

Refund Of Grant From Various Institutions

1,820,477,217 2,604,962,410 Expenditure on Grants 114,070,201,723 123,418,873,112

Amount Received From Earmark Fund ( Sch 2)

Other Payments 80,817,994

Recovery of Advances ( Sch 7) 27,690,751 Fixed Assets (Schedule 4) 14,569,528 6,567,515 Interest Income Amount refund to Ministry of

HRD 1,165,949,768 1,122,145,000 Excess Interest on GPF Fund 3,530,658 Amount refund to IGNOU 91,875,000 Bank Deposits 34,139,111 39,283,315 Other Payments 274,779 117,316 Loans and Advances 69,342 339,795 Savings Bank Accounts (Schedule 10)

682,568,926 913,625,493 Investments and Advances - -

Receipt against Earmarked/ Endowment Funds (Sch 2)

49,568,476 114,888,417 Closing balance

UGC NET-Closure of SB A/c & FD Maturity

63,874,844 863,704,526

Bank balance Other Income(Schedule 11) 34,759,554 6,022,680 In GPF/CPF/NPS A/c 9,988,013 34,697,467 Other Receipt In Savings accounts(HQ) 10,289,837,003 10,426,362,270 In Savings accounts(RO) 287,475,290 270,597,123 In Deposit Accounts(Schedule 5) 611,884,567 534,002,959 TOTAL 127,633,110,599 137,027,978,848 TOTAL 127,633,110,599 137,027,978,848





Place : Date :

4

UNIVERSITY GRANTS COMMISSION SCHEDULE 1- CORPUS/CAPITAL FUND

(Amount in Rs.) Particulars 2018-19 2017-18Balance at the beginning of the year 3,597,921,241 3,958,061,239 Add: Contributions towards Corpus/Capital Fund - 2,166,626 Add: Grants from Government of India to the extent utilized for capital expenditure 14,569,528 - Add: Assets Purchased out of Earmarked Funds - - Add: Deficit/Surplus for the year transfeered from the Income and Exp A/c - - Add: FDR Matured UGC NET 63,874,844 861,537,900 Less: Amount refund to Ministry of HRD 1,165,949,768 1,122,145,000 Less: Amount refund to IGNOU - 91,875,000 Add: Unutilised Grant 598,090,823 Add: Adjustment as per audit objection 11,508,346 - Add: Excess of Income over expenditure trasferred from the Income & Expenditure Account -10,956,873 -607,915,348 TOTAL 2,510,967,318 3,597,921,240 (Deduct) Deficit transferred from the Income & expenditure Account - - Balance at the year end 2,510,967,318 3,597,921,241





Place : Date :

5


SCHEDULE 2- DESIGNATED/ EARMARKED / ENDOWMENT FUNDS(Amount in Rs.)

Particulars

Fund wise Breakup Total

Endow-ment Fund

Maulana Azad

National Fel-lowship For Minorities

National Fellowship

For OBC

Rajiv Gandhi National

Fellowship for SC

Rajiv Gandhi

National Fellowship

for ST

2018-19 2017-18

A.

a) Opening balance 8,803,083 289,441,861 114,544,691 131,476,901 24,043,919 568,310,455 453,422,038

b) Additions during the year - 977,000,000 300,000,000 2,400,000,000 - 3,677,000,000

3,703,724,564

c) Income from investments made of the funds

106,308 9,429,849 1,408,868 3,100,826 - 14,045,851

d) Accrued Interest on invest-ments/Advances

288,071 - - - - 288,071 276,287

e) Interest on Savings Bank a/c 361,604 2,300,844 1,333,791 280,870 815,397 5,092,506 26,358,669

f) Other additions (Specify nature)

1,280,646 183,333 16,746,066 1,909,883 20,119,928 51,506,777

TOTAL (A) 9,559,066 1,279,453,200 417,470,683 2,551,604,663 26,769,199 4,284,856,811 4,235,288,335

B.

Utilisation/Expenditure towards objectives of funds

ii) Capital Expenditure - - - - - - -

ii) Revenue Expenditure - 911,346,103 224,372,641 2,548,393,360 18,295,480 3,702,407,584

3,666,977,880

TOTAL (B) - 911,346,103 224,372,641 2,548,393,360 18,295,480 3,702,407,584

3,666,977,880

Closing balance at the year end (A - B)

9,559,066 368,107,097 193,098,042 3,211,303 8,473,719 582,449,227 568,310,455

Represented by

Cash and Bank Balances 5,081,403 368,107,097 193,098,042 3,211,303 8,473,719 577,971,564 564,408,626

Investments 4,044,567 - - - - 4,044,567 3,662,959

Interest accrued but not due 433,096 - - - - 433,096 238,870

TOTAL 9,559,066 368,107,097 193,098,042 3,211,303 8,473,719 582,449,227 568,310,455





Place : Date :

6


SCHEDULE 3- CURRENT LIABILITIES & PROVISIONS(Amount in Rs.)

Particulars 2018-19 2017-18 CURRENT LIABILITIES Life Insurance Premium-Deputation - - Group Insurance Scheme-Deputation - - GIS (Employee) - 39,392 Licence Fee - - Time Barred Cheque - - Estate Office 329,129 298,857 Court Recoveries - - Conveyance Advance-Deputation - - Security Deposit from Private Parties-Liabilities 1,044,680 1,339,680 Tax Deducted yet to be deposited 51,736 22,395 LIC Final Payment Unutilised Grant 7,686,985,909 6,634,972,727

Total (A) 7,688,411,454 6,636,673,051 Sundry Creditors 2,954,016 2,042,728 Expenses Payable 4,673,805 2,262,444

Total (B) 7,627,821 4,305,172 PROVISIONS UGC GPF Liabilities 617,786,334 562,195,715 UGC CPF Liabilities - 2,085,325 UGC NPS Liabilities - 770,668

Total (C) 617,786,334 565,051,708

Total (A+ B+C) 8,313,825,609 7,206,029,931





Place : Date :

7

UN

IVER

SITY

GRA

NTS

CO

MM

ISSI

ON

SCHE

DULE

4- F

IXED

ASS

ETS

(Am

ount

in R

s.)

Gr

oss B

lock

Depr

ecia

tion

for t

he Ye

ar 2

018-

2019

Net B

lock

Asse

ts H

eads

Op B

alan

ce

01.0

4.20

18Ad

ditio

nsDe

ducti

ons

Cl B

alan

ceDe

prec

iatio

n O.

B.De

prec

iatio

n fo

r the

year

Dedu

ction

s /

Adju

stm

ent

Tota

l Dep

re-

ciatio

n31

.03.

2019

31.0

3.20

18

Old

Fixed

Ass

ets

-

-

-

-

Furn

iture

& Fi

xtur

e 1

8,70

7,58

7 2

,515

,533

21,

223,

120

8,2

65,1

10

1,5

91,7

34

- 9

,856

,844

1

1,36

6,27

6 1

0,46

6,30

8 El

ectri

cal A

pplia

nces

50,

453,

427

3,0

77,2

57

5

3,53

0,68

4 2

2,40

6,00

3 4

,014

,801

-

26,

420,

804

27,

109,

880

21,

321,

318

Com

pute

r Per

iphe

rals

85,

031,

766

6,6

73,4

19

9

1,70

5,18

5 7

8,62

4,11

4 4

,299

,657

-

82,

923,

771

8,7

81,4

14

2,7

08,8

44

Libra

ry B

ooks

& Jo

urna

ls 1

,610

,737

6

4,16

6

1,6

74,9

03

826

,458

1

67,4

90

- 9

93,9

48

680

,955

3

01,3

69

Mot

or V

ehicl

e 6

,004

,386

-

6

,004

,386

2

,573

,583

6

00,4

39

- 3

,174

,022

2

,830

,364

3

,046

,551

Offi

ce Eq

uipm

ent

1,5

30,8

70

2,2

39,1

53

3

,770

,023

3

33,3

01

282

,752

-

616

,053

3

,153

,972

9

57,4

68

TOTA

L 1

63,3

38,7

73

14,

569,

528

- 1

77,9

08,3

01

113

,028

,568

1

0,95

6,87

3 -

123

,985

,442

5

3,92

2,86

1 3

8,80

1,85

9

(ARU

N K

UM

AR S

INHA

)U

NDE

R SE

CRET

ARY

(DR.

AJA

Y KU

MAR

KHA

NDU

RI)

JOIN

T SE

CRET

ARY

(PRA

KASH

KU

MAR

THA

KUR)

FIN

ANCI

AL A

DVIS

OR

(PRO

F. R

AJN

ISH

JAIN

)SE

CRET

ARY

Plac

e :

Date

:

8


SCHEDULE 5- INVESTMENTS FROM EARMARKED/ENDOWMENT/GPF FUNDS(Amount in

Rs.)Particulars 2018-19 Total 2017-18 Total

Earmarked

Funds GPF Earmarked

Funds GPF

In Central Government Securities - 230,340,000 230,340,000 - 230,340,000 230,340,000

Other approved Securities - - - - - -

Term Deposits with Banks 4,044,567 377,500,000 381,544,567 3,662,959 300,000,000 303,662,959

Others (to be specified) - - - - - -

TOTAL 4,044,567 607,840,000 611,884,567 3,662,959 530,340,000 534,002,959





Place : Date :

9


SCHEDULE 6- INVESTMENTS- OTHERS(Amount in Rs.)

Particulars 2018-19 2017-181. In Central Government Securities - - 2. In State Government Securities - - 3. Other approved Securities - - 4. Shares - - 5. Debentures and Bonds - - 6. Others (to be specified) - - TOTAL - -





Place : Date :

10


SCHEDULE 7- CURRENT ASSETS(Amount in Rs.)

Particulars 2018-19 2017-18Bank Balance & Investments-UGC Cash in Hand - - Saving Bank A/C HQ 10,289,837,003 10,426,362,270 Saving Bank A/C RO 287,475,290 270,597,123 Bank Balance & Investments-GPF/CPF/NPS-A/C GPF-Saving Bank A/C- Canara Bank-441 9,946,334 31,841,475 CPF-Saving Bank A/C- Canara Bank-442 20,606 2,085,325 NPS- Saving Bank A/C- Canara Bank-812 21,074 770,668 Income Accrued Interest accrued on endowments FDR 433,096 420,325 Interest accrued on CPF FDR - - Interest accrued on GPF FDR 16,928,919 23,331,807 Interest accrued 11,906,593 - TOTAL 10,616,568,915 10,755,408,992





Place : Date :

11

Contd...


SCHEDULE 8- LOANS, ADVANCES & DEPOSITS

(Amount in Rs.)

Particulars 2018-19 2017-18

Advances & Other Assets

Advances With CPWD 86,935,681 14,326,707

Security Deposite With Govt-Assets 365,356 364,224

House Bulding Advance 1,770 10,920

House Bulding Advance-Deputation - -

Conveyance Advance 233,753 302,001

Festival Advance 83,075 83,075

Computer Advance 71,270 139,021

Life Insurances Scheme - 33,272

Group Insurances Scheme - -

Licence Fee-Govt Accomodation - -

NDMC - -

Misc Receipts-Deputation - -

UGC-NPS Recovery - -

Interest Receivable from - CPF A/C - -

Advance for Meeting & Conference 569,709 497,696

Advance for Telephone - -

Licence Fee Advance - -

Anti Ragging Cell 5,000,000 8,251,106

LTC Advance 212,500 123,467

Medical Advance 233,354 1,104,100

Prepaid Insurance 24,400 56,822

Advance with NICSI 6,792,517 6,792,517

Advance Liveries & Uniforms - -

Advance Misc. Office Expense 21,488,913 10,336,513

Prepaid AMC 15,672 438,876

TA/DA Official Advance 507,541 -

12

Publication Advance 2,222,000 1,182,500

Prepaid Membership 100,300 -

Other Assets - -

Other Advance - -

Imprest Money Advance 8,000 5,000

Motor Car/Motor Cycle Upkeep Advance - -

Others (includes income due unrealized) - -

TOTAL 124,865,811 44,047,817





Place : Date :

(Amount in Rs.)


13





Place : Date :


SCHEDULE 9- ACADEMIC RECEIPTS(Amount in Rs.)

Particulars 2018-19 2017-18FEES FROM STUDENTS Academic 1. Tuition Fee - - 2. Admission Fee - - 3. Enrolment Fee - - 4. Library Admission Fee - - 5. Laboratroy Fee - - 6. Art & Craft Fee - - 7. Regisration Fee - - 8. Syllabus Fee - - Total (A) - - Examinations 1. Admission test fee 2. Annual Examination fee - - 3. Mark sheet, certificate fee - - 4. Entrance examination fee - - Total (B) - - Other Fees 1. Identity card fee - - 2. Fine/ Miscellaneous fee/Penalty Fee 3. Medical fee - - 4. Transportation fee - - 5. Hostel fee - - 6. Processing fee/ Regulatory Charges from institutions Total(C) - - Sale of Publications 1. Sale of Admission forms - - 2. Sale of syllabus and Question Paper, etc. - - 3. Sale of prospectus including admission forms - - Total (D) - -

14


SCHEDULE 9- ACADEMIC RECEIPTS(Amount in Rs.)

Particulars 2018-19 2017-18Other Academic Receipts 1. Registration fee for workshops, programmes - - 2. Registration fees (Academic Staff College) - - Total (E) - - GRAND TOTAL (A+B+C+D+E) - -





Place : Date :

15


SCHEDULE 10- GRANTS & SUBSIDIES (IRREVOCABLE GRANTS RECEIVED)(Amount in Rs.)

ParticularsPlan 2018-19 2017-18

Govt. of India Balance B/F 6,634,972,727 6,634,972,727 7,233,063,550 Add: Grant receipts during the year 113,681,993,310 113,681,993,310 120,418,321,000 Add: Income during the year 717,397,822 717,397,822 925,959,269 Total 121,034,363,859 121,034,363,859 128,577,343,819 Less: utilized for Capital Expenditure 14,569,528 14,569,528 Add: Refund of Unspent Grant 1,820,477,217 1,820,477,217 2,604,962,410 Balance 122,840,271,548 122,840,271,548 131,182,306,229 Less: utilized for Grants & Subsidies 114,070,201,723 114,070,201,723 123,418,873,112 Less: utilized for Revenue Expenditure 1,083,083,917 1,083,083,917 1,128,460,390 Balance C/F (C) 7,686,985,909 7,686,985,909 6,634,972,727





Place : Date :

16


SCHEDULE 11- INCOME FROM INVESTMENTS(Amount in Rs.)

ParticularsEarmarked/ Endowment Funds Other Investments

2018-19 2017-18 2018-19 2017-18 Interest On Government Securities 18,813,893 18,813,893 - - Other Bonds/Debentures - - - - Interest on Term Deposits 20,104,224 25,831,073 - - Interest on Savings Bank Accounts 737,470 885,937 - - TOTAL 39,655,587 45,530,903 - - Transferred to Earmarked/Endowment Funds 46,058,475 39,559,602 - - Balance -6,402,888 5,971,301 - -





Place : Date :

17


SCHEDULE 12- INTEREST EARNED(Amount in

Rs.)Particulars 2018-19 2017-18 On Savings Accounts with scheduled banks 317,584,191 397,783,155 On Flexi Accounts with scheduled banks 300,777,403 429,604,532 Regional Offices CRO Bhopal 15,313,010 33,582,555 ERO Kolkata 6,410,992 8,427,727 WRO - Pune 12,087,166 15,356,574 SERO Hyderabad 17,587,276 18,051,482 SWRO- Bangalore 8,000,153 5,210,377 NERO-Guwahati 4,808,735 5,609,091 On Loans Employees/Staff 69,342 339,795 Others - -

On Debtors and Other Receivables - - TOTAL 682,638,268 913,965,288





Place : Date :

18


SCHEDULE 13- OTHER INCOME (Amount in Rs.)

Particulars 2018-19 2017-18 Income from Land & Buildings Hostel Room Rent - - License fee - - Hire Charges of Auditorium/Play ground/Convention Centre, etc - - Electricity charges recovered 23,400 19,593 Water charges recovered - - Total (A) 23,400 19,593 Sale of Institute’s publications Income from holding events Gross Receipts from annual function/ sports carnival - - Less: Direct expenditure incurred on the annual function/ sports carnival - - Gross Receipts from fetes - - Less: Direct expenditure incurred on the fetes - - Gross Receipts for educational tours - - Less: Direct expenditure incurred on the tours - - Others (to be specified and separately disclosed) - - Total (B) - - Others RTI fees 93,145 36,729 Sale of application form (recruitment) - - Misc. receipts (Sale of tender form, waste paper, etc.) 234,944 188,965 Processing Fee for deemed University 33,500,000 4,500,000 Owned assets - - Assets received free of cost - - Grants/Donations from Institutions, Welfare Bodies and International - - Organizations - - Others (specify) 899,879 1,277,393 License fee (UGC Staff Quarter) 8,186 - Total(C) 34,736,154 6,003,087 GRAND TOTAL (A+B+C) 34,759,554 6,022,680





Place : Date :

19


SCHEDULE 14- PRIOR PERIOD INCOME

(Amount in Rs.)


1. Academic Receipts - -

2. Income from Investments - -

3.1nterest earned - -

4. Other Income - -

TOTAL - -





Place : Date :

20

UN

IVER

SITY

GRA

NTS

CO

MM

ISSI

ON

SCHE

DULE

15-

STA

FF P

AYM

ENTS

& B

ENEF

ITS

(EST

ABLI

SHM

ENT

EXPE

NSE

S)

(Am

ount

in R

s.)

Parti

cula

rs

2018

-19

2017

-18

H.O

.R.

O.

Tota

lH.

O.

R.O

.To

tal

Sala

ries a

nd W

ages

251

,691

,820

2

4,58

4,52

1 2

76,2

76,3

41

255

,427

,042

3

3,98

9,93

1 2

89,4

16,9

73

Dear

ness

Allo

wan

ce 2

2,78

3,16

3 1

,895

,629

2

4,67

8,79

2 5

4,12

1,14

8 -2

,582

,853

5

1,53

8,29

5

Tran

spor

t Allo

wan

ce 1

9,76

5,74

2 2

,089

,161

2

1,85

4,90

3 1

9,95

7,18

3 1

,652

,184

2

1,60

9,36

7

HRA

45,

026,

029

4,4

76,8

94

49,

502,

923

36,

013,

057

3,4

90,6

26

39,

503,

683

Child

ren

Educ

ation

Allo

wan

ce 4

,447

,764

4

14,7

07

4,8

62,4

71

3,4

55,9

00

455

,140

3

,911

,040

Ove

r Tim

e Al

low

ance

48,

388

- 4

8,38

8 4

0,63

5 -

40,

635

Bonu

s -

- -

- 2

41,5

78

241

,578

Was

hing

Allo

wan

ce -

- -

21,

600

15,

000

36,

600

T A

Offi

cers

7,1

21,5

36

1,4

86,4

81

8,6

08,0

17

4,3

46,3

47

313

,400

4

,659

,747

T A

Esta

blish

men

t 1

62,1

51

126

,439

2

88,5

90

218

,736

-3

1,76

5 1

86,9

71

Leav

e Sa

lary

Enc

ashm

ent

18,

848,

552

245

,480

1

9,09

4,03

2 2

1,77

1,99

8 6

5,71

7 2

1,83

7,71

5

Depu

tatio

n Al

low

ance

114

,593

7

7,70

0 1

92,2

93

221

,852

-1

,760

2

20,0

92

LTC

Esta

blish

men

t 1

,548

,832

9

4,38

8 1

,643

,220

1

,874

,937

2

67,3

77

2,1

42,3

14

LTC

Offi

cer

2,7

13,4

99

358

,487

3

,071

,986

2

,012

,423

1

08,4

72

2,1

20,8

95

Med

ical

Rei

mbu

rsem

ent

24,

328,

221

847

,376

2

5,17

5,59

7 2

0,60

8,95

2 1

,158

,140

2

1,76

7,09

2

Hono

rariu

m 1

,206

,500

8

,000

1

,214

,500

6

,139

,768

3

9,00

0 6

,178

,768

CGHS

Con

trib

ution

pai

d to

CGH

S 6

,429

,015

-

6,4

29,0

15

6,2

00,1

28

13,

057

6,2

13,1

85

Pens

ion

& L

eave

Sal

ary

Cont

ributi

on 2

,930

,983

1

,335

,413

4

,266

,396

1

,130

,297

6

63,0

40

1,7

93,3

37

Contd...

21

CPF

Fund

Con

trib

ution

238

,980

8

96

239

,876

5

14,0

38

520

,000

1

,034

,038

GPF

Fund

Con

trib

ution

- 2

80,0

00

280

,000

-

- -

Depo

sit L

inke

d In

sura

nce

- -

- 6

0,00

0 7

,578

6

7,57

8

New

Pen

sion

Sche

me

3,8

58,9

17

1,0

04,1

16

4,8

63,0

33

4,6

91,7

16

978

,497

5

,670

,213

Pens

ion

& G

ratu

ity 2

76,7

90,1

19

- 2

76,7

90,1

19

316

,799

,630

-

316

,799

,630

CPF

Fund

Inte

rest

115

,361

-

115

,361

1

05,7

86

- 1

05,7

86

TOTA

L 6

90,1

70,1

65

39,

325,

688

729

,495

,853

7

55,7

33,1

73

41,

362,

359

797

,095

,532

(Am

ount

in R

s.)

Parti

cula

rs

2018

-19

2017

-18

H.O

.R.

O.

Tota

lH.

O.

R.O

.To

tal

(ARU

N K

UM

AR S

INHA

)U

NDE

R SE

CRET

ARY

(DR.

AJA

Y KU

MAR

KHA

NDU

RI)

JOIN

T SE

CRET

ARY

(PRA

KASH

KU

MAR

THA

KUR)

FIN

ANCI

AL A

DVIS

OR

(PRO

F. R

AJN

ISH

JAIN

)SE

CRET

ARY

Plac

e :

Date

:

22


SCHEDULE 16- ACADEMIC EXPENSES (Amount in Rs.)Particulars 2018-19 2017-18 a) Laboratory expenses - - b) Field work/Participation in Conferences - - c) Expenses on Seminars/Workshops - - d) Payment to visiting faculty . - - e) Examination CMAT & GPAT - - f) Student Welfare expenses - - g) Admission expenses -- - - h) Convocation expenses - - i) Publications - - j) Stipend/means-cum-merit scholarship - - k) Subscription Expenses - - l) Others (specify) - - TOTAL - -





Place : Date :

23


SCHEDULE 17- ADMINISTRATIVE AND GENERAL EXPENSES

(Amount in Rs.)

Particulars

2018-19 2017-18

H.Q. R.O. Total H.Q. R.O. Total

Infrastructure

Electricity and Water Expenses 15,705,689 1,406,125 17,111,814 14,896,517 1,026,076 15,922,593

Rent, Rates and Taxes (including Property Tax) 334,298 184,239 518,537 282,740 403,477 686,217

Communication

Postage 4,208,291 964,970 5,173,261 2,692,092 975,499 3,667,591

Telephone Expenses 4,067,880 558,258 4,626,138 4,406,007 693,629 5,099,636

Others

Printing and Stationery (consumption) 14,464,881 853,269 15,318,150 14,533,403 1,112,912 15,646,315

Auditors Remuneration 346,835 97,900 444,735 611,625 82,485 694,110

Advertisement 3,540,376 16,670 3,557,046 3,476,094 12,222 3,488,316

Publication 668,730 26,866 695,596 269,500 - 269,500

Magazines & Journals 136,382 374,107 510,489 674,265 10,399 684,664

TA/DA Non Official 25,453,378 1,795,911 27,249,289 13,643,957 1,723,705 15,367,662

Honorarium Non Official 8,158,000 - 8,158,000 - - -

Security & Cleaning Expenses 16,387,885 - 16,387,885 14,938,442 7,000 14,945,442

Misc. Office Expenses 11,128,310 2,876,134 14,004,444 7,471,712 2,760,123 10,231,835

Entertainment Expenses 7,803,266 294,964 8,098,230 5,644,196 392,495 6,036,691

Bonevolent Fund 142,420 - 142,420 110,600 149,824 260,424

Legal Expenses 15,980,115 98,015 16,078,130 15,506,556 33,963 15,540,519

Anti Ragging Cell Expenses 26,500,091 - 26,500,091 92,986,031 - 92,986,031

Hiring Charges of Cooler - - - 326,660 - 326,660

House Keeping Expenses 4,243,885 - 4,243,885 4,369,876 - 4,369,876

Liveries & Uniform 1,296,119 15,000 1,311,119 666,694 10,000 676,694

Salary to Contract Basis Staff 82,231,308 30,676,841 112,908,149 78,048,312 26,385,722 104,434,034

Meeting & Conference Expenses 11,866,217 - 11,866,217 6,396,884 - 6,396,884

Contd...

24

Honorarium to Members RO - 305,000 305,000 - 2,172,976 2,172,976

Honorarium to Non Members RO - 731,000 731,000 - 466,500 466,500

Membership & subscription 26,550 - 26,550 132,025 - 132,025

Training (UGC Officers/Employees) 36,000 - 36,000 - - -

Professional Charges 8,476,737 - 8,476,737 - - -

TOTAL 263,203,643 41,275,268 304,478,911 282,084,188 38,419,006 320,503,194

(Amount in Rs.)

Particulars

2018-19 2017-18






Place : Date :

25


SCHEDULE 17- NAD & IOE(Amount in Rs.)

Particulars2018-19 2017-18

NAD IOE Total NAD IOE Total Honorarium 24,000 550,000 574,000 - - - Telephone Expenses 143,488 - 143,488 - - - TA/DA Non Official 390,281 907,363 1,297,644 - - - Misc. Office Expenses 924,495 - 924,495 - - - Salary to Contract Basis Staff 6,549,343 - 6,549,343 - - - Meeting & Conference Expenses 228,390 - 228,390 - - - Bank Charges - 4,755 4,755 - - - Vehicle (Taxi) Hiring Expenses 192,246 - 192,246 - - - TOTAL 8,452,243 1,462,118 9,914,361 - - - GRAND TOTAL 314,393,272 320,503,194





Place : Date :

26


SCHEDULE 18- TRANSPORTATION EXPENSES(Amount in Rs.)


H.Q. R.O. Total H.Q. R.O. Total Vehicles (owned by institution) Running Expenses 2,647,196 - 2,647,196 2,104,857 - 2,104,857 Repairs & Maintenance 371,668 - 371,668 507,307 - 507,307 Insurance Expenses 104,032 - 104,032 146,539 - 146,539 Car Parking Expenses - - - - - - Conveyance Expenses 500,638 - 500,638 531,767 - 531,767 Vehicles taken on Rent/Lease - - - - - - Rent/Lease Expenses - - - - - - Vehicle (Taxi) Hiring Expenses 2,257,731 221,385 2,479,116 2,084,812 380,570 2,465,382 Motor Car/ Motor Cycle Upkeep 62,655 125,944 188,599 82,348 156,818 239,166 TOTAL 5,943,920 347,329 6,291,249 5,457,630 537,388 5,995,018





Place : Date :

27


SCHEDULE 19- REPAIRS & MAINTENANCE(Amount in Rs.)



Office 6,910,353 586,430 7,496,783 1,257,513 68,326

1,325,839 Furniture & Fixtures 449,997 - 449,997 378,018 - 378,018 Plant & Machinery - - - - - - Office Equipment - - - - - - Computers - - - - - - Photocopy Machine 451,574 - 451,574 514,915 - 514,915 Audio Visual Equipment - - - - - - Cleaning Material & Services - - - - - -

Annual Maintenance Charges 3,883,394 98,624 3,982,018 2,507,503 79,912

2,587,415 Gardening - - - - - - Estate Maintenance - - - - - - Others (Specify) - - - - - -

Total

11,695,318 685,054

12,380,372 4,657,949 148,238

4,806,187





Place : Date :

28


SCHEDULE 20- FINANCE COSTS

(Amount in Rs.)

Particulars

2018-19 2017-18


Bank Charges 13,089 76,254 89,343 237 39,467 39,704

Tds deducted by Bank - - - 20,754 - 20,754

TOTAL 13,089 76,254 89,343 20,991 39,467 60,458





Place : Date :

29


SCHEDULE 21- OTHER EXPENSES

(Amount in Rs.)


a) Provision for Bad and Doubtful Debts/Advances - -

b) Irrecoverable Balances Written- off - -

c) Grants/Subsidies to other institutions/organizations - -

d) Others (specify) - -

Total - -





Place : Date :

30


SCHEDULE 22- PRIOR PERIOD EXPENSES

(Amount in Rs.)


1 Wages to outsources staff 12,409,077 -

2 Fees for consultant - -

3 Licence fee - -

4 Transportation expenses 365,684 -

5 Repairs & Maintenance 1,256,179 -

6 Other expenses - -

Total 14,030,940 -





Place : Date :

31

(Amount in Rs.)

S.No. Name of the Banks Head of Accounts Current Year Previous Year

1 Canara Bank A/C No. 8627101348

UGC-Estab. & Admn. Exp. 142,463,547 668,357,686


e-Content 748,558,063 718,965,924


Post Doctoral Fellowship for SC/ST

6,193,853 182,765,763


PG Scholarship Profes-sional Courses for SC/ST A/C

53,216,756 63,335,278


PG Scholarship for University Rank

20,545,751 31,370,043


Emeritus Fellowship for Superannuated Teachers

5,929,692 50,647,625


Post Doctoral Fellowship for Women

23,425,608 54,619,170


JRF in Science, Humanities and Social Science NET

22,055,444 887,015,533


D.S. Kothari Post Doctoral Fellowship

63,838,976 97,101,083

10 Canara Bank A/C No. 3525101000407

Indira Gandhi Post Graduate Scholarship for Single Girl Child

1,226,612 35,519,734

11 Canara Bank A/C No. 3525101000839

Basic Scientific Research Fellowship

72,660,330 76,525,998

12 Canara Bank A/C No. 3525101000915

Swami Vivekanand Single Girl Child Scholarhip

426,104 117,931,829

13 Canara Bank A/C No. 3525101000918

Ishan Uday Special Schol-arhip for NER

75,359,787 2,180,408

14 Canara Bank A/C No. 3525101000907

Dr. S. Radhakrishanan Post Doctoral Fellowship

14,155,022 58,245,436

15 Central Bank of India A/C No. 1033009587

Old A/c Non Plan/Plan - 114,282,475

16 Canara Bank A/C No. 3525101000405

RGNF-SC 3,211,303 131,476,901

17 Canara Bank A/C No. 3525101000406

RGNF-ST 8,473,719 24,043,919

UNIVERSITY GRANTS COMMISSIONBANKS BALANCES 2018-2019

Contd...

32

(Amount in Rs.)


18 Canara Bank A/C No. 3525101000880

National fellowship OBC 193,098,042 114,544,691

19 Canara Bank A/C No. 3525101000181

MANF- Minorites 368,107,096 289,441,860

20 State Bank of India A/C No. 11084241754

UGC Pensioners A/c 151,511 146,323


Endowment Fund 5,081,403 4,901,255

22 Bank of Baroda A/C No. 05860100022849

CU-NER-SC 36,970,563 37,204,608


CU-NER-ST 24,045,614 24,724,776


CU-NER-Gen 154,680,310 161,419,656

25 Bank of India A/C No. 306010110003357

CU-ST 70,353,825 50,709,096


CU-Gen 1,005,990,494 737,939,801


CU-SC 73,025,661 48,557,647

28 Canara Bank A/C No. 8627101002051

Distance Education Bu-reau

18,469,316 15,805,053


DU-SC 3,285,939 24,055,820


DU-Gen 51,243,518 40,070,228


CU-Non-Plan - 219,739,547


DU-ST 11,037,279 21,958,512

33 Canara Bank A/C No. 8627101002122

UGC-Gen 3,416,437,303 1,377,994,938

34 Canara Bank A/C No. 8627101002123

UGC-SC 241,474,567 1,574,393,651

35 Canara Bank A/C No. 8627101002124

UGC-ST 176,420,809 127,226,498

36 Canara Bank - 8627101002244

NAD 42,773,392 3,760,111

Contd...

33





Place : Date :

(Amount in Rs.)


37 Canara Bank 3525101001240

PG Sch. For ME/M.Tech/M.Pharma to GTE/GPAT Qualified Candidates

371,505 44,368,721

38 Canara Bank 3525101001241

BSR Faculty Fellowship 9,625,973 30,925,406

39 Bank of Maharashtra - 60286126815

NER-Gen 1,596,557,557 939,753,763


NER-SC 226,306,534 60,244,779

41 Canara Bank A/C No. 8627101002314

Institute of Eminence 1,170,602,940 1,030,000,000


NER-ST 131,985,285 132,090,725

GRAND TOTAL 10,289,837,003 10,426,362,270

34


BANKS BALANCES 2018-2019RO-ACCOUNTS (Amount in Rs.)S.No. Name of the Banks Ministries Current Year Previous Year

1 Canara Bank A/C No. 0606101053069 HRD-HYDERABAD 58,117,024 8,505,787 2 Canara Bank A/C No. 0606101558263 HRD-HYDERABAD 252,984 806,666 3 Canara Bank A/C No. 0606101560057 HRD-HYDERABAD 8,678,591 1,504,940 4 Canara Bank A/C No. 0606101560058 HRD-HYDERABAD 5,779,830 1,958,419 5 Canara Bank A/C No. 0262101020153 HRD-PUNE 28,302,352 37,191,974

6Bank of Baroda A/C No. UGC-98060100001024 HRD-PUNE 5,805,602 4,557,891

7 Canara Bank A/C No. 0262101000498 HRD-PUNE 2,378,382 8,035,294 8 Canara Bank A/C No. 0262101000500 HRD-PUNE 82,791 271,112 9 Canara Bank A/C No. 31222235725 HRD-GUWAHATI 57,518,178 7,781,579

10 State Bank of India A/C No. 33916458208 HRD-GUWAHATI 4,056,409 2,713,441 11 State Bank of India A/C No. 35909765460 HRD-GUWAHATI 21,304,814 17,763,638 12 State Bank of India A/C No. 35909724423 HRD-GUWAHATI 5,088,430 7,859,251

13Punjab National Bank A/C No. 1625000100953235 HRD-KOLKATA 2,920,671 4,809,521

14 Canara Bank A/C No. 2549101011380 HRD-KOLKATA 8,639,450 9,136,398 15 Canara Bank A/C No. 2549101016202 HRD-KOLKATA 30,030,165 1,691 16 Canara Bank A/C No. 2549101016203 HRD-KOLKATA 4,762,658 1,502 17 Canara Bank A/C No. 2549101016204 HRD-KOLKATA 2,381,327 1,440 18 Central Bank of India A/C No. 1101717823 HRD-BANGALORE 5,374,585 5,969,679 19 Canara Bank A/C No. 0431101033961 HRD-BANGALORE 1,322,655 221,173 20 Canara Bank A/C No. 0431101207736 HRD-BANGALORE 266,863 18,414 21 Canara Bank A/C No. 0431101207737 HRD-BANGALORE 206,385 14,401 22 Canara Bank A/C No. 1471101007601 HRD-BHOPAL 2,251,095 (8,790)23 Canara Bank A/C No. 1471101007602 HRD-BHOPAL 19,547,606 64,592,038 24 Union Bank of India A/C No. 3371 HRD-BHOPAL 8,426,541 86,499,092 25 Union Bank of India A/c No. 4844 HRD-BHOPAL 3,979,902 390,572 TOTAL 287,475,290 270,597,123 GRAND TOTAL 10,577,312,293 10,696,959,393





Place : Date :

35


PAYMENTS OF GRANTS-IN-AID FOR VARIOUS INSTITUTION 2018-19

(Amount in Rs.)

ACCOUNTS HEAD SCHEME MINISTRIES AMOUNT

Revenue Capital Head (1, 2, 3, 4)

Revenue Capital Fund (UGC H.Q & R.O) HRD 114,070,201,723

GRAND TOTAL 114,070,201,723





Place : Date :

36


REVENUE CAPITAL UTILIZATION SECTOR WISE (1-9)

(Amount in Rs.)

Sector Particular Amount-31, 35, 36

Sector - 1 Grant for Central Universities 66,086,013,165

Sector - 2 Grant for Deemed Universities 579,694,230

Sector - 3 Grant for UGC Scheme 47,393,064,924

Sector - 4 Specific Fund Released by MHRD 11,429,404

A Total of HRD(1, 2, 3, 4) 114,070,201,723

Sector - 5 Rajiv Gandhi National Fellowship for SC 2,548,393,360

Sector - 6 Rajiv Gandhi National Fellowship for ST 18,295,480

Sector - 7 Maulana Azad National Fellowship 911,346,103

Sector - 9 National Fellowship for OBC 224,372,641

B Total (5, 6, 7, 9) 3,702,407,584

(A+B) Grand Total 117,772,609,307





Place : Date :

37


REVENUE CAPITAL HEAD (SECTOR 1 to 9)

(Amount in Rs.)

Sector Particular Head-31 Head-35 Head-36 Total

Sector - 1Grant for Central Universities 18,992,265,661 5,606,490,504 41,487,257,000 66,086,013,165

Sector - 2Grant for Deemed Universities 238,461,230 291,233,000 50,000,000 579,694,230

Sector - 3 Grant for UGC Scheme 20,648,834,832 3,619,812,749 23,124,417,343 47,393,064,924

Sector - 4Specific Fund Released by MHRD 11,429,404 - - 11,429,404

Sector - 5Rajiv Gandhi National Fellowship for SC 2,548,393,360 - - 2,548,393,360

Sector - 6Rajiv Gandhi National Fellowship for ST 18,295,480 - - 18,295,480

Sector - 7Maulana Azad National Fellowship 911,346,103 - - 911,346,103

Sector - 9National Fellowship for OBC 224,372,641 - - 224,372,641

Total 43,593,398,711 9,517,536,253 64,661,674,343 117,772,609,307





Place : Date :

38

(Amount in Rs.)Head Particular Head-31 Head-35 Head-36 Total

Sector-1 Grant for Central Universities1(A) Central Universities 14,461,999,661 3,797,999,504 32,758,500,000 51,018,499,165 1(B) Central Universities-SC 1,452,000,000 199,000,000 1,511,000,000 3,162,000,000 1(C) Cental Universities-ST 611,466,000 98,500,000 780,500,000 1,490,466,000 1(D) Cental Universities-NER 1,850,000,000 669,869,000 5,514,057,000 8,033,926,000 1(E) Cental Universities-NER-SC 100,000,000 27,122,000 300,000,000 427,122,000 1(F) Cental Universities-NER-ST 50,000,000 14,000,000 140,000,000 204,000,000 1(G)(I) IMS (BHU) CU-Gen 436,800,000 598,000,000 435,850,000 1,470,650,000 1(G)(II) IMS (BHU) CU-SC 20,000,000 134,700,000 32,925,000 187,625,000 1(G)(III) IMS (BHU) CU-ST 10,000,000 67,300,000 14,425,000 91,725,000 Total (A) 18,992,265,661 5,606,490,504 41,487,257,000 66,086,013,165 Sector-2 Grant for Deemed University 2(A) Deemed Universities 156,479,159 226,233,000 40,000,000 422,712,159 2(B) Deemed Universities-SC 55,456,684 42,000,000 8,000,000 105,456,684 2(C) Deemed Universities-ST 26,525,387 23,000,000 2,000,000 51,525,387 Total (B) 238,461,230 291,233,000 50,000,000 579,694,230 Sector-3 Grant for UGC Scheme 3(A) 31(A) 31(B) 3(A) 1 Admn. UGC - - - - 3(A)( 2) Regional Offices - - - - 3(A) 3(I) IUC/MC 665,620,000 1,050,508,593 631,749,762 2,347,878,355 3(A) 3(II) EMMRCs & CEC 64,800,000 - 302,039,672 366,839,672 3(A) 3(IV) National Facilities Centres 5,707,000 16,200,000 31,800,000 53,707,000 3(A) 3(V) Sub. Of Elect. Thesis

(Shodhganga) - 15,000,000 - 15,000,000

3(A)( 4) Maint. Grants to Deemed Universities

833,081,000 - 2,914,695,000 3,747,776,000

3(A) 5(I) Maint. Grants to Delhi Colleges

2,812,594,000 - 14,219,677,909

17,032,271,909


REVENUE CAPITAL HEAD WISE DETAILS





Place : Date :

39


3(A) 5(II) Maint. Grants to BHU Colleges

54,631,000 - 469,672,000 524,303,000

3(A) 5(III) Other Than Maintenance Grants to Delhi/BHU Colleges

3,994,711 - - 3,994,711

3(A)( 6) Maintenance to Punjab University

- - 1,938,700,000 1,938,700,000

3(A) 7(I) Block Grant to State Universities

34,555,162 188,101,580 - 222,656,742

3(A) 7(II) Special Heritage Status to Universities

- - - -

3(A) 7(III) Block Grant to Colleges 1,091,146 24,982,087 - 26,073,233 RO 9,872,975 82,723,228 - 92,596,203 3(A) 7(IV) Special Heritage Status to

Colleges (RO) - - - -

RO - 2,576,871 - 2,576,871 3(A)(8)(I) Remedial Coaching for SC/

ST/OBC (Non-creamy layer) and Minority Community Students

- - - -

3(A)(8)(III) Coaching Classes for Entry into Services for SC/ST/OBC (Non-creamy layer) and Minority Community Students

- - - -

3(A)(8)(VI) Special Studies on Epoch Making Social Thinkers

21,540,046 1,150,115 - 22,690,161

3(A)(8)(VII) Centre for Study of Social Exclusion and Inclusive Policy

55,746,269 - - 55,746,269

3(A)(8)(VIII) Schemes for Persons with Disabilities

399,251 - - 399,251

RO 180,000 - - 180,000 3(A)(8)(IX) Women Hostels for Colleges - 4,437,363 - 4,437,363 RO - 92,331,963 - 92,331,963





Place : Date :

40


3(A) 9 Women Study Centres/Women Studies

48,259,390 - - 48,259,390

3(A) 10 Sports Infrastructure Dev. And Equipment to Univs./Colleges

- 52,301,174 - 52,301,174

RO - 172,548,527 - 172,548,527 3(A) 11(I) Universities with Potential

for Excellence 532,000 6,840,000 - 7,372,000

3(A) 11(II) Colleges with Potential for Excellence

45,364,076 30,520,363 - 75,884,439

3(A) 11(III) Centres with Potential for Excellence in Particular Area

5,738,000 7,600,000 - 13,338,000

3(A) 12(I) Cultural Exchange Programme

162,838,678 - - 162,838,678

3(A) 12(II) Raman Post Doctoral Fellowship

5,455,069 - - 5,455,069

3(A) 13 Academic Staff College/HRDC/HRVE

278,300,234 - - 278,300,234

3(A) 14(I) Special Assistance Programme (SAP) Science

149,340,221 298,858,737 - 448,198,958

3(A) 14(II) Special Assistance Programme (SAP) Humanities and Social Science

74,445,825 23,045,756 - 97,491,581

3(A) 16(I) PG Scholarship for Rank Holders (Online Scheme)

- - - -

Online Transfer (Gen.) 44,978,829 - - 44,978,829 3(A) 16(II) Indira Gandhi PG Scholarship

for Single Girl Child (Online Scheme)

- - - -

Online Transfer (Gen.) 99,121,842 - - 99,121,842 3(A) 16(III) Emeritus Fellowship (Online

Scheme) 50,000 - - 50,000

Online Transfer (Gen.) 38,334,625 - - 38,334,625 3(A) 16(IV) Post Doctoral Fellowship for

Women (Online Scheme) 10,592,644 - - 10,592,644





Place : Date :

41


Online Transfer (Gen.) 314,506,583 - - 314,506,583 3(A) 16(V) Jr. Research Fellowship for

NET Qualified Candidates (Online Scheme)

131,554,710 - - 131,554,710

Online Transfer (Gen.) 6,131,819,935 - - 6,131,819,935 3(A) 16(VI) Dr. S. Radhakrishnan PDF

(Online Scheme) - - - -

Online Transfer (Gen.) 186,337,969 - - 186,337,969 3(A) 16(VII) Swami Vivekananda Single

Girl Child Fellowship (Online Scheme)

- - - -

Online Transfer (Gen.) 47,446,087 - - 47,446,087 3(A) 16(VIII) Dr. D.S. Kothari PDF (Online

Scheme) 4,536,719 - - 4,536,719

Online Transfer (Gen.) 228,176,547 - - 228,176,547 3(A) 16(IX) Post Doctoral Fellowship for

SC/ST Candidates - - - -

Online Transfer (Gen.) - - - - 3(A) 16(X) Grants for Basic Scientific

Research (BSR) (Online Scheme)

281,483,355 36,148,726 - 317,632,081

Online Transfer (Gen.) 667,402,658 - - 667,402,658 3(A) 16(XI) PG Scholarship for

Professional Courses for SC/ST Candidates (Online Scheme)

- - - -

Online Transfer (SC) - - - - 3(A) 16(XII) PG Scholarship for M.E./M.

Tech. to GATE Qualified Students

39,009,549 - - 39,009,549

Online Transfer (Gen.) 167,379,486 - - 167,379,486 3(A) 16(XIII) Jr. Research Fellowship and

RA to Foreign Nationals 4,404,687 - - 4,404,687

3(A) 16(XIV) Research Fellowship in Humanities and Social Sc. for Meritorious Students

- - - -





Place : Date :

42


3(A) 16(XV) Free Education for Sports Medal Winners/ Participants of National/International Events.

6,777,521 - - 6,777,521

3(A) 17(I) Research Awards to Teachers

41,324,547 - - 41,324,547

3(A) 17(II) Research Scientists 18,904,638 - - 18,904,638 3(A) 17(III) Major Research Projects - - - - (a) Science 77,177,898 - - 77,177,898 (b) Humanities and Social

Science 19,898,734 - - 19,898,734

3(A) 17(IV) Minor Research Projects (Colleges)

227,858 - - 227,858

RO 30,763,461 596,572 - 31,360,033 3(A) 18 Introduction of Vocational

Education in Higher Education & Community Colleges (NSQF)

986,746,154 292,136,401 - 1,278,882,555

3(A) 19(I) Special Honorarium to the Fellow of at Least Two of the Academies Identified by UGC

1,654,355 - - 1,654,355

3(A) 19(II) Grants for Specific Purpose - - - - 3(A) 19(III) Autonomous Colleges - - - - RO 227,582,425 29,500,215 - 257,082,640 3(A) 19(IV) Raj Bhasha - - - - 3(A) 19(V) Travel Grant 39,427,659 - - 39,427,659 3(A) 19(VI) Promotion of IPR Awareness

& Facilitation for Patents - - - -

3(A) 19(VII) PIHEAD - - - - 3(A) 19(VIII) Faculty Development

Programme in Colleges 7,313,777 - - 7,313,777

RO 415,228,852 - - 415,228,852 3(A) 19(IX) Internal Quality Assurance

Cell - - - -





Place : Date :

43


3(A) 19(X) Reimbursement of Exp Incurred by Non-University Institutions

- - - -

3(A) 19(XI) Workshops/Seminars/ Conferences (Colleges)

1,381,975 - - 1,381,975

RO 5,224,121 - - 5,224,121 3(A) 19(XII) Area Studies 621,467 3,946,564 - 4,568,031 3(A) 19(XIII) Career Orientation to

Education including Career Counseling Cells

- - - -

3(A) 19(XIV) e-content Development - - - - 3(A) 19(XV) e-governance of Higher

Education and UGC office - - - -

3(A) 19(XVI) Training for Academic Administrators of Universities , Colleges, UGC Officers

- - - -

3(A) 19(XVII)

UGC Campus - - - -

3(A) 19(XVIII)

Establishment of Centers for Endangered Languages in Central Universities

5,980,012 1,163,000 - 7,143,012

3(A) 19(XIX) Estabilishment of Chairs in Central Universities

9,861,863 - - 9,861,863

3(A) 19(XX) Construction of Women’s Hostels in Central Universities

- - - -

3(A) 19(XXI) OBC Grant to Deemed Universities

17,506,000 101,650,000 - 119,156,000

3(A) 19(XXII)

Financial Assistance for BRPG

- - - -

3(A) 19(XXIII)

Grant to State Universities for Providing Wi-Fi Connectivity

- - - -





Place : Date :

44


3(A) 19(XXIV)

Construction of Seven Girls Hostels in Jammu and Kashmir-PMs Development package-2015

- 100,700,000 - 100,700,000

3(A) 19(XXV)

Committed Liabilities (Old UGC Schemes)

139,019,317 279,473,562 - 418,492,879

RO 378,000 53,384,937 - 53,762,937 Total 15,784,222,912 2,968,426,334

20,508,334,343 39,260,983,589

3(A)-Online Schemes

7,925,504,561 - - 7,925,504,561

3(A)-RO 689,229,834 433,662,313 - 1,122,892,147 Sub Total 15,784,222,912 2,968,426,334

20,508,334,343 39,260,983,589

3(B) 3(B) 1 Admn. UGC - - - - 3(B)( 2) Regional Offices - - - - 3(B) 3(I) IUC/MC 16,260,000 19,983,002 99,700,000 135,943,002 3(B) 3(II) EMMRCs & CEC 12,500,000 - 24,000,000 36,500,000 3(B) 3(IV) National Facilities Centres 217,000 1,080,000 375,000 1,672,000 3(B) 3(V) Sub. Of Elect. Thesis

(Shodhganga) - - - -

3(B)( 4) Maint. Grants to Deemed Universities

98,879,000 - 165,447,000 264,326,000

3(B) 5(I) Maint. Grants to Delhi Colleges

220,702,000 - 1,252,107,000 1,472,809,000

3(B) 5(II) Maint. Grants to BHU Colleges

4,739,000 - 36,398,000 41,137,000

3(B) 5(III) Other Than Maintenance Grants to Delhi/BHU Colleges

840,992 - - 840,992

3(B)( 6) Maintenance to Punjab University

- - 176,000,000 176,000,000





Place : Date :

45


3(B) 7(I) Block Grant to State Universities

7,529,465 8,435,811 - 15,965,276

3(B) 7(II) Special Heritage Status to Universities

- - - -

3(B) 7(III) Block Grant to Colleges 198,757 2,639,770 - 2,838,527 RO 1,809,235 9,988,761 - 11,797,996 3(B) 7(IV) Special Heritage Status to


RO - 542,499 - 542,499 3(B)(8)(I) Remedial Coaching for SC/


89,300 - - 89,300

3(B)(8)(III) Coaching Classes for Entry into Services for SC/ST/OBC (Non-creamy layer) and Minority Community Students

67,093 - - 67,093

3(B)(8)(VI) Special Studies on Epoch Making Social Thinkers

4,554,016 146,129 - 4,700,145

3(B)(8)(VII) Centre for Study of Social Exclusion and Inclusive Policy

11,171,913 - - 11,171,913

3(B)(8)(VIII) Schemes for Persons with Disabilities

11,407 - - 11,407

3(B)(8)(IX) Women Hostels for Colleges - 1,004,855 - 1,004,855 RO - 11,954,606 - 11,954,606 3(B) 9 Women Study Centres/

Women Studies 11,749,888 - - 11,749,888

3(B) 10 Sports Infrastructure Dev. And Equipment to Univs./Colleges

- 15,219,034 - 15,219,034

RO - 22,728,853 - 22,728,853 3(B) 11(I) Universities with Potential

for Excellence - - - -





Place : Date :

46


3(B) 11(II) Colleges with Potential for Excellence

15,469,874 27,569,340 - 43,039,214

3(B) 11(III) Centres with Potential for Excellence in Particular Area

3,557,395 1,600,000 - 5,157,395

3(B) 12(I) Cultural Exchange Programme

- - - -

3(B) 12(II) Raman Post Doctoral Fellowship

1,499,983 - - 1,499,983

3(B) 13 Academic Staff College/HRDC/HRVE

80,992,025 - - 80,992,025

3(B) 14(I) Special Assistance Programme (SAP) Science

30,415,840 55,328,091 - 85,743,931

3(B) 14(II) Special Assistance Programme (SAP) Humanities and Social Science

16,164,373 5,753,670 - 21,918,043

3(B) 16(I) PG Scholarship for Rank Holders (Online Scheme)

- - - -

Online Transfer (Gen.) - - - - 3(B) 16(II) Indira Gandhi PG Scholarship


- - - -

Online Transfer (Gen.) - - - - 3(B) 16(III) Emeritus Fellowship (Online

Scheme) - - - -

Online Transfer (Gen.) - - - - 3(B) 16(IV) Post Doctoral Fellowship for

Women (Online Scheme) 1,900,712 - - 1,900,712

Online Transfer (Gen.) - - - - 3(B) 16(V) Jr. Research Fellowship for


25,192,455 - - 25,192,455

Online Transfer (Gen.) 797,332,211 - - 797,332,211 3(B) 16(VI) Dr. S. Radhakrishnan PDF






Place : Date :

47


Online Transfer (Gen.) - - - - 3(B) 16(VII) Swami Vivekananda Single


- - - -

Online Transfer (Gen.) - - - - 3(B) 16(VIII) Dr. D.S. Kothari PDF (Online

Scheme) - - - -

Online Transfer (Gen.) - - - - 3(B) 16(IX) Post Doctoral Fellowship for

SC/ST Candidates 1,068,883 - - 1,068,883

Online Transfer (Gen.) 187,727,542 - - 187,727,542 3(B) 16(X) Grants for Basic Scientific


14,568,894 4,000,000 - 18,568,894

Online Transfer (Gen.) - - - - 3(B) 16(XI) PG Scholarship for


450,000 - - 450,000

Online Transfer (SC) 12,034,505 - - 12,034,505 3(B) 16(XII) PG Scholarship for M.E./M.


3,574,935 - - 3,574,935

Online Transfer (Gen.) - - - - 3(B) 16(XIII) Jr. Research Fellowship and

RA to Foreign Nationals - - - -

3(B) 16(XIV) Research Fellowship in Humanities and Social Sc. for Meritorious Students

- - - -

3(B) 16(XV) Free Education for Sports Medal Winners/ Participants of National/International Events.

- - - -

3(B) 17(I) Research Awards to Teachers

14,556,844 - - 14,556,844





Place : Date :

48


3(B) 17(II) Research Scientists - - - - 3(B) 17(III) Major Research Projects - - - - (a) Science 1,823,011 - - 1,823,011 (b) Humanities and Social

Science 861,234 - - 861,234

3(B) 17(IV) Minor Research Projects (Colleges)

- - - -

RO 1,144,339 85,000 - 1,229,339 3(B) 18 Introduction of Vocational


192,873,293 30,891,326 - 223,764,619

3(B) 19(I) Special Honorarium to the Fellow of at Least Two of the Academies Identified by UGC

- - - -

3(B) 19(II) Grants for Specific Purpose - - - - 3(B) 19(III) Autonomous Colleges - 118,284 - 118,284 RO 41,947,609 - - 41,947,609 3(B) 19(IV) Raj Bhasha - - - - 3(B) 19(V) Travel Grant - - - - 3(B) 19(VI) Promotion of IPR Awareness


3(B) 19(VII) PIHEAD - - - - 3(B) 19(VIII) Faculty Development

Programme in Colleges - - - -

RO 13,453,057 - 13,453,057 3(B) 19(IX) Internal Quality Assurance

Cell - - - -

3(B) 19(X) Reimbursement of Exp Incurred by Non-University Institutions

- - - -

3(B) 19(XI) Workshops/Seminars/ Conferences (Colleges)

- - - -

RO 849,693 - - 849,693





Place : Date :

49


3(B) 19(XII) Area Studies - 822,400 - 822,400 3(B) 19(XIII) Career Orientation to


- - - -

3(B) 19(XIV) e-content Development - - - - 3(B) 19(XV) e-governance of Higher


3(B) 19(XVI) Training for Academic Administrators of Universities , Colleges, UGC Officers

- - - -

3(B) 19(XVII)

UGC Campus - - - -

3(B) 19(XVIII)


2,513,000 1,537,000 - 4,050,000

3(B) 19(XIX) Estabilishment of Chairs in Central Universities

- - - -

3(B) 19(XX) Construction of Women’s Hostels in Central Universities

- - - -

3(B) 19(XXI) OBC Grant to Deemed Universities

553,000 - - 553,000

3(B) 19(XXII)


- - - -

3(B) 19(XXIII)


- - - -

3(B) 19(XXIV)


- 21,200,000 - 21,200,000

3(B) 19(XXV)


28,964,710 92,884,960 - 121,849,670

RO 77,909,098 45,198,611 - 123,107,709





Place : Date :

50


Total 1,960,717,581 380,712,002 1,754,027,000 4,095,456,583 3(B)-Online Schemes

997,094,258 - - 997,094,258

3(B)-RO 137,113,031 90,498,330 - 227,611,361 Sub Total 1,960,717,581 380,712,002 1,754,027,000 4,095,456,583 3(C) 3(C) 1 Admn. UGC - - - - 3(C)( 2) Regional Offices - - - - 3(C) 3(I) IUC/MC 5,671,000 8,212,500 82,300,000 96,183,500 3(C) 3(II) EMMRCs & CEC 3,700,000 - 28,000,000 31,700,000 3(C) 3(IV) National Facilities Centres 279,000 180,000 325,000 784,000 3(C) 3(V) Sub. Of Elect. Thesis

(Shodhganga) - - - -

3(C)( 4) Maint. Grants to Deemed Universities

35,962,000 - 100,281,000 136,243,000

3(C) 5(I) Maint. Grants to Delhi Colleges

214,760,729 - 543,902,000 758,662,729

3(C) 5(II) Maint. Grants to BHU Colleges

2,770,000 - 19,248,000 22,018,000

3(C) 5(III) Other Than Maintenance Grants to Delhi/BHU Colleges

420,496 - - 420,496

3(C)( 6) Maintenance to Punjab University

- - 88,000,000 88,000,000

3(C) 7(I) Block Grant to State Universities

2,804,734 1,566,788 - 4,371,522

3(C) 7(II) Special Heritage Status to Universities

- - - -

3(C) 7(III) Block Grant to Colleges 77,415 242,396 - 319,811 RO 742,617 4,937,585 - 5,680,202 3(C) 7(IV) Special Heritage Status to






Place : Date :

51


RO - 271,249 - 271,249 3(C)(8)(I) Remedial Coaching for SC/


43,700 - - 43,700

3(C)(8)(III) Coaching Classes for Entry into Services for SC/ST/OBC (Non-creamy layer) and Minority Community Students

32,832 - - 32,832

3(C)(8)(VI) Special Studies on Epoch Making Social Thinkers

2,331,372 11,985 - 2,343,357

3(C)(8)(VII) Centre for Study of Social Exclusion and Inclusive Policy

5,585,956 - - 5,585,956

3(C)(8)(VIII) Schemes for Persons with Disabilities

5,704 - - 5,704

3(C)(8)(IX) Women Hostels for Colleges - 223,185 - 223,185 RO - 5,977,802 - 5,977,802 3(C) 9 Women Study Centres/

Women Studies 6,187,248 - - 6,187,248

3(C) 10 Sports Infrastructure Dev. And Equipment to Univs./Colleges

- 7,720,800 - 7,720,800

RO - 11,364,595 - 11,364,595 3(C) 11(I) Universities with Potential

for Excellence - - - -

3(C) 11(II) Colleges with Potential for Excellence

7,857,337 9,496,670 - 17,354,007

3(C) 11(III) Centres with Potential for Excellence in Particular Area

1,834,697 1,520,000 - 3,354,697

3(C) 12(I) Cultural Exchange Programme

- - - -





Place : Date :

52


3(C) 12(II) Raman Post Doctoral Fellowship

387,900 - - 387,900

3(C) 13 Academic Staff College/HRDC/HRVE

44,472,713 - - 44,472,713

3(C) 14(I) Special Assistance Programme (SAP) Science

15,008,063 22,705,907 - 37,713,970

3(C) 14(II) Special Assistance Programme (SAP) Humanities and Social Science

8,170,015 1,256,241 - 9,426,256

3(C) 16(I) PG Scholarship for Rank Holders (Online Scheme)

- - - -

Online Transfer (Gen.) - - - - 3(C) 16(II) Indira Gandhi PG Scholarship


- - - -

Online Transfer (Gen.) - - - - 3(C) 16(III) Emeritus Fellowship (Online

Scheme) - - - -

Online Transfer (Gen.) - - - - 3(C) 16(IV) Post Doctoral Fellowship for

Women (Online Scheme) 213,897 - - 213,897

Online Transfer (Gen.) - - - - 3(C) 16(V) Jr. Research Fellowship for


9,323,069 - - 9,323,069

Online Transfer (Gen.) 304,823,769 - - 304,823,769 3(C) 16(VI) Dr. S. Radhakrishnan PDF


Online Transfer (Gen.) - - - - 3(C) 16(VII) Swami Vivekananda Single


- - - -

Online Transfer (Gen.) - - - -





Place : Date :

53


3(C) 16(VIII) Dr. D.S. Kothari PDF (Online Scheme)

- - - -

Online Transfer (Gen.) - - - - 3(C) 16(IX) Post Doctoral Fellowship for

SC/ST Candidates - - - -

Online Transfer (Gen.) 70,790,637 - - 70,790,637 3(C) 16(X) Grants for Basic Scientific


3,335,284 2,000,000 - 5,335,284

Online Transfer (Gen.) - - - - 3(C) 16(XI) PG Scholarship for


- - - -

Online Transfer (SC) 9,375,289 - - 9,375,289 3(C) 16(XII) PG Scholarship for M.E./M.


151,229 - - 151,229

Online Transfer (Gen.) - - - - 3(C) 16(XIII) Jr. Research Fellowship and

RA to Foreign Nationals - - - -

3(C) 16(XIV) Research Fellowship in Humanities and Social Sc. for Meritorious Students

- - - -

3(C) 16(XV) Free Education for Sports Medal Winners/ Participants of National/International Events.

- - - -

3(C) 17(I) Research Awards to Teachers

2,123,180 - - 2,123,180

3(C) 17(II) Research Scientists - - - - 3(C) 17(III) Major Research Projects - - - - (a) Science - - - -





Place : Date :

54


(b) Humanities and Social Science

- - - -

3(C) 17(IV) Minor Research Projects (Colleges)

- - - -

RO 77,260 - - 77,260 3(C) 18 Introduction of Vocational


59,056,205 1,524,267 - 60,580,472

3(C) 19(I) Special Honorarium to the Fellow of at Least Two of the Academies Identified by UGC

- - - -

3(C) 19(II) Grants for Specific Purpose - - - - 3(C) 19(III) Autonomous Colleges - - - - RO 20,718,302 - - 20,718,302 3(C) 19(IV) Raj Bhasha - - - - 3(C) 19(V) Travel Grant 123,152 - - 123,152 3(C) 19(VI) Promotion of IPR Awareness


3(C) 19(VII) PIHEAD - - - - 3(C) 19(VIII) Faculty Development

Programme in Colleges - - - -

RO 55,119 - - 55,119 3(C) 19(IX) Internal Quality Assurance

Cell - - - -

3(C) 19(X) Reimbursement of Exp Incurred by Non-University Institutions

- - - -

3(C) 19(XI) Workshops/Seminars/ Conferences (Colleges)

- - - -

RO 424,349 - - 424,349 3(C) 19(XII) Area Studies - 281,280 - 281,280 3(C) 19(XIII) Career Orientation to


- - - -





Place : Date :

55


3(C) 19(XIV) e-content Development - - - - 3(C) 19(XV) e-governance of Higher


3(C) 19(XVI) Training for Academic Administrators of Universities , Colleges, UGC Officers

- - - -

3(C) 19(XVII)

UGC Campus - - - -

3(C) 19(XVIII)


2,277,000 1,099,000 - 3,376,000

3(C) 19(XIX) Estabilishment of Chairs in Central Universities

- - - -

3(C) 19(XX) Construction of Women’s Hostels in Central Universities

- - - -

3(C) 19(XXI) OBC Grant to Deemed Universities

368,000 - - 368,000

3(C) 19(XXII)


- - - -

3(C) 19(XXIII)


- - - -

3(C) 19(XXIV)


- 10,600,000 - 10,600,000

3(C) 19(XXV)


15,933,553 51,283,239 - 67,216,792

RO 38,954,549 22,666,520 - 61,621,069 Total 897,229,371 165,142,009 862,056,000 1,924,427,380 3(C)-Online Schemes

384,989,695 - - 384,989,695

3(C)-RO 60,972,196 45,217,751 - 106,189,947





Place : Date :

56


Sub Total 897,229,371 165,142,009 862,056,000 1,924,427,380 3(D) Special Component to NER - 3(D)(I) UGC (NER) Head Office 226,977,126 56,267,327 - 283,244,453 NERO 22,524,565 29,689,442 - 52,214,007 Online 1,554,697,241 - - 1,554,697,241 Sub Total 1,804,198,932 85,956,769 - 1,890,155,701 3(E) Special Component to NER-

SC

3(E)(I) UGC (NER) SC Head Office 30,656,032 4,842,595 - 35,498,627 NERO 3,471,292 6,250,413 - 9,721,705 Online 102,503,562 - - 102,503,562 Sub Total 136,630,886 11,093,008 - 147,723,894 3(F) Special Component to NER-

ST

3(F)(I) UGC (NER) ST Head Office 20,072,551 4,157,418 - 24,229,969 NERO 8,229,781 4,325,209 - 12,554,990 Online 37,532,818 - - 37,532,818 Sub Total 65,835,150 8,482,627 - 74,317,777 Grand Total (C) 20,648,834,832 3,619,812,749 23,124,417,343 47,393,064,924 Sector-4 Specific Fund Released by

MHRD

4(I) Social Infrastructure Development Fund

- - - -

4(II) National Mission on Education through Information and Communication Technology

- - - -

4(III) Specific funds Relese by the M/HRD Indo-US 21st Century Knowledge Initiative

11,429,404 - - 11,429,404

4(IV) Distance Education Bureau - - - -





Place : Date :

57





Place : Date :


4(V)A National Academic Depository(Gen)

- - - -

4(V)B National Academic Depository(SC)

- - - -

4(V)C National Academic Depository(ST)

- - - -

Total (D) 11,429,404 - - 11,429,404 Sub Total (A, B, C, D) 39,890,991,127 9,517,536,253 64,661,674,343 114,070,201,723 Sector-5 Rajiv Gandhi National

Fellowship for SC 2,548,393,360 - - 2,548,393,360

Sector-6 Rajiv Gandhi National Fellowship for ST

18,295,480 - - 18,295,480

Sector-7 Maulana Azad National Fellowship for Minorities

911,346,103 - - 911,346,103

Sector-9 National Fellowship for OBC 224,372,641 - - 224,372,641 Total (E) 3,702,407,584 - - 3,702,407,584 GRAND TOTAL (A-E) 43,593,398,711 9,517,536,253 64,661,674,343 117,772,609,307

58


GENERAL PROVIDENT FUND ACCOUNT

RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2019

(Amount in Rs.)

Receipts 2018-19 2017-18 Payments 2018-19 2017-18

Opening Balance GPF Adv./Withdrawal 103,763,991 81,244,000

Bank 31,841,475 25,400,306 CPF Adv./Withdrawal(Schedule 1)

Deposits A/C FDR 300,000,000 254,750,000 Transfer to Estt. A/c 3,530,658

Govt securities 230,340,000 230,340,000 Transfer to Aicte for Income

Bank Charges

GPF Subscription 113,310,375 93,375,567

CPF Subscription Closing Balance:-

CPF Government Contribution

Bank 9,946,334 31,841,475

Accrued Interest Investment in Govt. Securities (Schedule 2)

230,340,000 230,340,000

Interest Received Deposits A/C FDR 377,500,000 300,000,000

Interest on Saving Bank

737,470 885,937

Interest on FDRs 26,507,112 23,390,430

Interest on Govt. securities

18,813,893 18,813,893

TOTAL 721,550,325 646,956,133 TOTAL 721,550,325 646,956,133





Place : Date :

59





Place : Date :



BALANCE SHEET AS AT 31st MARCH 2019

(Amount in Rs.)Liabilities 2018-19 2017-18 Assets 2018-19 2017-18 Investment Opening Balance 562,181,475 510,490,306 In Term Deposits 377,500,000 300,000,000 Less: Adjustment in With-drawal

- - In Govt Securities 230,340,000 230,340,000

Add: Subscriptions in the year 113,310,375 93,375,567 Add: Interest Credited 44,367,107 39,559,602 Less: Advance/withdrawal 103,763,991 81,244,000 Cash Balance Closing Balance 616,094,966 562,181,475 Bank Balance 9,946,334 31,841,475 Opening Balance - - - - Add: Excess of Income over Expenditure

1,691,368 - -

Closing Balance - - - - CURRENT LIABILITY TOTAL 617,786,334 562,181,475 TOTAL 617,786,334 562,181,475

60



INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2019

(Amount in Rs.)

Expenditure 2018-19 2017-18 Income 2018-19 2017-18

Interest Credited to: Interest earned on Investment

26,507,112 23,390,430

Interest on Govt Securities

18,813,893 18,813,893

GPF Account 44,367,107 39,559,602 Add: Interest accrued on 03/19

- -

CPF Account - - Refund to be obtained

- -

University Contribution (CPF)

- - Less Interest accured for March 18

- -

NPS Tier-11 Account - - Interest on Saving Bank Account

737,470 885,937

Excess of Income over Expenditure

1,691,368 3,530,658 Excess of Expenditure over Income

- -

TOTAL 46,058,475 43,090,260 TOTAL 46,058,475 43,090,260





Place : Date :

61

UNIVERSITY GRANTS COMMISSION, BSZ MARG, NEW DELHI

CPF ANNUAL ACCOUNT FOR THE YEAR 2018-19 PART-I (PARTICULARS OF RECEIPTS

& PAYMENTS)

RECEIPTS PAYMENTS

S. No.

SUB-TOTAL

;ksx S. No.

SUB-TOTAL

TOTAL

1- Opening Balance as per cashBook as on 01.04.2018

&& 20]85]324-00 1- Final Payment made to Mrs. Sushma Rathore, Ex-US(CPF A/C No. 611)

&& 23]77]923-00

2- SUBSCRIPTION & Adv.

a) CPF Subscription recovered through pay bills

&& 1]50]000-00 2- Less Paid at the time of final Payment to (a) Sushma Rathore, Ex-US

&& 30]000-00

3- INTEREST EARNED IN CPF S.B. A/c

Being the amount of C.C. excess paid to Prof. Ved Prakash, Ex CM in the year 2017-18 Could not transferred in 2017-18 now transferred in 2018-19

&& 10]038-00

TOTAL C/O

22]45]362-00 TOTAL C/O

24]07]923-00





Place : Date :

62

TOTAL B/F 22]45]362-00 TOTAL B/F 24]07]923-00

4- ANNUAL INTEREST &CONTRIBUTION

&& 4- Closing Bal-ance as per CPF Cash Book as on 31.03.2019

&& 20]605-00

(a) On account of intt. On subscription, Commission Contribution and intt.on Commission Contribution to credited in CPF Personal A/C No.611 of Mrs. Sushma Rathore, Ex US

95]928-00

(b) Fund transfer from to A/c no. 348 to 442

30]000-00 1]25]928-00

5- QUATERLY INT. EARNED IN CPF S/B A/C NO. 442

17]223-0019]410-0020]196-00

409-0057]238-00

TOTAL 24]28]528-00 TOTAL C/O

24]28]528-00





Place : Date :

63


BAHADUR SHAH ZAFAR MARG

NEW DELHI

PART-II PARTICULARS OF CPF ADVANCES & RECOVERIES MADE DURING THE YEAR 2018-2019

Ø0 la0

fooj.k jkf'k ¼#0½

1- Advances Outstanding as on 01.04.2018 &&

2- Plus Advances paid during the year 2018-2019 &&

3- Less: Advances recovered through Pay Bills during the year 2018-19 &&

4- Less: Advances refunded through Cheque ,D.D./ Cash during 2018-19 &&

5- Less Amount of CPF outstanding loans converted in to PFW during the 2018-19

&&

6- Less Amount of CPF Outstanding Loans adjusted against FinalPayments made during the previous year (as books adjustments)

&&

7- Amount of CPF Advances Outstanding as at the close of 31.03.2019 NIL





Place : Date :

64

UNIVERSITY GRANTS COMMISSIONBAHADUR SHAH ZAFAR MARG, NEW DELHI

PART-III DETAILS OF TOTAL CPF INVESTMENTS MADE AS AT THE CLOSE OF 31.03.2019

NIL





Place : Date :

65


BAHADUR SHAH ZAFAR MARG, NEW DELHI

PART-IV PARTICULARS OF CPF CLOSING BALANCE AS ON 31.03.2019 (YEAR 2018-2019)

S.NO. fooj.k mi&;ksx ;ksx

1- Closing Balance as per Cash Book as on 31.03.2019 in CPF S.B A/c No.442 with Canara Bank

20]605-00

2- Plus total Investment made &&3- Closing Balance as per CPF Broadsheet as on

31.03.2019 NIL





Place : Date :

66


BAHADUR SHAH ZAFAR MARG, NEW DELHI

PART (V) BALANCE SHEET AS AT CLOSE OF 31.03.2019 YEAR 2018-2019

Liabilities Assets

1. Closing Balance as per bank state-ment on 31.03.2019

20,605.00 1. Closing Balance as per Cash Book as on 31.03.2019 in CP Fund Saving A/c No.442 with Canara Bank

20,605.00

Grand Total : 20,605.00 Grand Total : 20,605.00





Place : Date :

67


SCHEDULES FORMING PART OF ACCOUNTS FOR THE YEAR ENDED MARCH 31, 2019

SCHEDULE: 23

PRINCIPLE ACCOUNTING POLICIES

1. Accounts

a) The Financial Statements are prepared on the basis of historical cost convention and generally on the accrual method of accounting unless otherwise stated.

b) All Receipts on account of refund of unspent grants are accounted on cash basis.

2. Grants-in-Aid

Grants are recognized on receipt basis & taken to credit of Income & Expenditure account except to the extent of expenditure of capital nature incurred (which amount is credited directly to the capital fund).Any Non monetary grant received free of cost is reflected at nominal amount of Re.1/-.

3. Fixed Assets and Depreciations

a) Fixed Assets are stated at cost of acquisition less depreciation. Fixed assets received by the UGC without consideration has been capitalized in the financial statement at a nominal value i.e. Rs. one. Depreciation charged on fixed assets at Straight Line Method at the following rates:-

a. Furniture and Fixtures 7.5%b. Electrical Appliances 7.5% c. Computer/Peripherals 20%d. Library books & Journals 10%e. Motor Vehicle 10% f. Office Equipment 7.5%

b) In respect of additions to fixed assets during the year, depreciation is provided for full year and in respect of deductions from the fixed assets, no depreciation is charged.

c) Depreciation has been charged as per rate prescribed in the format of accounts of MHRD.

4. Interest on All Deposits/ Investments is accounted for on accrual basis.

5. Employees Salaries/Benefits

a. Central Government Employees service rules are by and large, made applicable to the employees of the UGC.

b. Retirement benefits are accounted for on cash basis, as per system prevailing in case of Central Gov-ernment Employees.





Place : Date :

68

SCHEDULE: 24

NOTES TO THE ACCOUNTS

1. Grant received from Government, based on budget approved by the Parliament, constitute main source of receipts of UGC. Though the grants received (after the adjustment of expenditure of capital nature) are taken to income and expenditure account, the effective income of UGC is nil in the light of restrictions that without sanction of Government, the unspent balance of Grants is carried forward for next financial year. Thus this does not attract any Income tax liability.

2. The Building in which UGC is housed belongs to Land & development office, M/o Urban Development, New Delhi. UGC is the lessee of this property and it was allotted on 17-06-1960 with NIL Rent. UGC maintains this building and pays its property tax.

3. Surplus funds under Plan head are kept temporarily with Schedule Bank. No restrictions exist on utilization of amount at any point of time.

4. Total advance paid to CPWD is Rs.8,77,26,485/- which includes an amount of Rs.7,33,99,778/- as an ad-vance during the year 2018-19 against which the expenditure statement and refund received from CPWD is Rs. 7,90,804/- and net outstanding balance as on 31/3/2019 is Rs. 8,69,35,681/-.

5. Advances made and shown as recoverable are adjusted to final head of account/recovered on receipt of final bill/ receipt from the concerned party/department.

6. OTHER

a) Corresponding figure for the previous year have been re-grouped/ re-arranged wherever necessary in the financial statements of the accounts and schedule including receipts and payments for the financial year 2018-19.

b) The figures of the financial statements have been rounded off to the nearest India Rupees.

c) The Balance Sheet, Income & Expenditure Accounts and Receipts & Payment Accounts in respect of GPF/CPF Accounts are maintained separately and attached with Annual Accounts.





Place : Date :

69


SCHEDULES FORMING PART OF ACCOUNTS FOR THE YEAR ENDED MARCH 31, 2019

1. CONTINGENT LIABILITIES

a) Liabilities in respect of the court and other cases against University Grants Commission amounts are not ascertainable.

2. CAPITAL COMMITMENTS

a) The capital commitment of the organization- University Grants Commission has been shown in capital corpus funds as per schedule of Balance Sheet as at 31st March 2019.

3. CURRENT ASSETS AND ADVANCES

a) The current assets, loans and advances have a value on realization in ordinary course of the activities, equal at least to the aggregate amounts shown in the financial statements.





Place : Date :

72

Separate Audit Report of the Comptroller & Auditor General of India on the Accounts of University Grants Commission for the year ended 31 March 2019

We have audited the attached Balance Sheet of University Grants Commission (UGC) as at 31 March 2019, the Income & Expenditure Account and Receipts & Payments Account for the year ended on that date under Section 19(2) of the Comptroller and Auditor General’s (Duties, Powers & Conditions of Service) Act, 1971 read with section 19 (3) of the University Grants Commission Act, 1956. These financial statements include the accounts of six Regional Offices of the UGC. Out of these, 2 ROs have been audited and comments considered for this report. These financial statements are the responsibility of the Commission’s management. Our respon-sibility is to express an opinion on these financial statements based on our audit.2. This Separate Audit Report contains the comments of the Comptroller and Auditor General

of India (CAG) on the accounting treatment only with regard to classification, conformity with the best accounting practices, accounting standards and disclosure norms, etc. Audit observations on financial transactions with regard to compliance with the Law, Rules & Regulations (Propriety and Regularity) and efficiency-cum-performance aspects, etc., if any, are reported through Inspection Reports/ CAG’s Audit Reports separately.

3. We have conducted our audit in accordance with auditing standards generally accepted in India. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatements. An audit includes examining, on a test basis, evidences supporting the amounts and disclosure in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall presentation of financial statements. We believe that our audit provides a reasonable basis for our opinion.

4. Based on our audit, we report that:i We have obtained all the information and explanations which to the best of our

knowledge and belief were necessary for the purpose of our audit;ii The Balance Sheet, Income & Expenditure Account and Receipts & Payments Ac-

count dealt with by this report have been broadly drawn up in the format pre-scribed by the Government of India , Ministry of Human Resource Development.

iii In our opinion, proper books of accounts have been maintained by the UGC in so far as it appears from our examination of such books.

iv We further report that :

Balance SheetA. A.1 AssetsA.1.1 Current Assets (Schedule 7) - Rs.1061.66 crore Bank Balances – Rs.1057.73 crore The above includes Grants amounting to Rs. 289.83 crore received in April 2019 from

MHRD. This has resulted in overstatement of Current Assets - Bank Balances and understatement of Loans, Advances and Deposits by Rs. 289.83 crore.

73

A.1.2 Loans Advances and Deposits (Schedule 8) - Rs.12.49 crore.

The above does not include an advance of Rs.1.50 crore given by UGC to the Kirori Mal College for NET (Exam). This has resulted in understatement of Current Asset as well as Capital Fund by Rs.1.50 crore. This is being pointed out since 2015-16 but remedial action has not been taken.

B. Income and Expenditure Account

B.1 Expenditure

B.1.1 Depreciation (Schedule 4)- Rs. 1.10 crore

The above includes depreciation amounting to Rs. 40.14 lakh on Electrical appliances calculated @7.5% against the prescribed rate of 5%.This has resulted in overstatement of Depreciation and understatement of Capital Fund by Rs. 13.38 lakh.

B.1.2 Interest paid to GPF subscriber (NET) (Schedule 11) - Rs. 64.03 lakh

The above represents shortfall of interest earned on investment of GPF whereas as per the records there is no such shortfall. This has resulted in overstatement of Expenditure and deficit by Rs. 64.03 lakh.

C. Balance Sheet (General Provident Fund Account )

C.1 Assets

The above does not include accrued interest of Rs. 1.69 crore on FDRs whereas in the Balance Sheet of main account of UGC interest accrued on GPF FDRs of Rs. 1.69 crore has been shown.This has resulted in understatement of Assets and Interest Reserve by Rs. 1.69 crore.

C.2 Liabilities

The GPF Accounts have been prepared in the prescribed format for the first time. Amount of Rs. 16.91 lakh shown as Excess of income over expenditure (GPF A/c) pertains to the current year only. The balances of previous years are not included in the same.

D. Significant Accounting Policies

D.1 As per the Significant Accounting Policy No.5(b) retirement benefits are accounted for on cash basis as per the system prevailing in the case of central government employees. This accounting policy is in contravention of Accounting Standard 15 and MHRD Format of Accounts which stipulates that provision for retirement benefits should be made in the accounts on the basis of actuarial valuation .The issue is being pointed out since 2014-15 but remedial action has not been taken.

D.2 During the year UGC has changed its method of providing depreciation on assets from WDV method to Straight Line method. However, no disclosure in accounts and the impact of such change has not been disclosed in the notes to the Accounts.

E. General

E.1 UGC is broadly preparing accounts as per MHRD format of accounts. However some deviations from the format has been noticed as mentioned below:

74

(a) The Assets & Liabilities of GPF and CPF have been included in the main accounts which is in contravention of the format of Accounts prescribed by MHRD.The issue has been pointed out in last year report but remedial action has not been taken.

(b) UGC is not maintaining separate NPS Accounts as specified in in MHRD format of accounts.

(c) Schedule 2A petaining to Endowment funds as specified in MHRD format of accounts was not prepared by UGC.

(d) Schedule 4 pertaining to Fixed Assets was not prepared as specified in MHRD format of accounts by UGC. The assets in the schedule were not bifurcated as tangibles asset and intangibles asset and work in progress.

E.2 The accounts of Regional Offices of UGC are not being prepared in the format prescribed by MHRD as only Receipts & Payments Accounts have been prepared by them.

E.3 Physical verification of Fixed Assets of UGC (Hqrs) has not been conducted since December 2008.

F. Grants-in-Aid University Grants Commission is mainly financed by the Ministry of Human Resource

Development, Department of Secondary and Higher Education. As per accounts during the year 2018-19, UGC received grants-in-aid of Rs. 11368.20 crore (Rs. 859.93 crore received in the month of March 2019), had an unspent balance of Rs.663.50 crore, refunds from grantee institutions of Rs. 182.05 crore and income of Rs. 71.74 crore. Out of the total fund of Rs. 12285.49 crore, it utilized Rs. 11516.79 crore leaving an unspent balance of Rs.768.70 crore.

During 2018-19, it also received grants-in-aid from following Ministries: (i) Grants-in-aid of Rs. 240.00 crore (Rs. Nil received in the month of March 2019) from

Ministry of Social Justice & Empowerment for Rajiv Gandhi National fellowship for SC and was having an opening balance of Rs. 13.15 crore. It also received Rs. 2.01 crore as bank interest and refund. Out of total available funds of Rs. 255.16 crore, it utilized Rs. 254.84 crore leaving an unspent balance of Rs. 0.32 crore as on 31.3.2019.

(ii) Grants-in-aid of Rs. 30.00 crore from Ministry of Social Justice &Empowerment for National fellowship for OBC and was having an opening balance of Rs. 11.45 crore. It also received Rs 0.29 crore as bank interest and refund. Out of total available funds of Rs. 41.75 crore, it utilized Rs. 22.44 crore leaving an unspent balance of Rs. 19.31 crore as on 31.3.2019.

(iii) Grants-in-aid of Rs.97.70 crore (Rs. 36.70 crore received in the month of March 2019) from Ministry of Minority Affairs for Maulana Azad National Fellowship for Minorities and was having an opening balance of Rs. 28.94 crore. It also received Rs. 1.30 crore as bank interest and refund. Out of total available funds of Rs.127.94 crore, it utilized Rs. 91.13 crore leaving an unspent balance of Rs.36.81 crore as on 31.3.2019.

(iv) UGC received grants-in-aid of Rs. Nil from Ministry of Tribal Affairs and was having an opening balance of Rs. 2.40 crore. It also received Rs. 0.27 crore as bank interest and refund. Out of total available funds of Rs. 2.67 crore, it utilized Rs. 1.83 crore leaving an unspent balance of Rs.0.84 crore as on 31.3.2019.

75

Part–BInter-University Centers

The University Grants Commission had established seven Inter University Centers under Section 12(ccc) of the UGC Act viz Inter-University Accelerator Centre (IUAC) New Delhi , Consortium for Educational Communication (CEC) New Delhi, Inter University Centre for Astronomy and Astro-Physics (IUCAA) Pune, Information & Library Network Centre (INFLIBNET) Gandhinagar, National Assessment & Accreditation Council (NAAC) Bangalore, UGC-DAE Consortium for Scientific Research (CSR), Indore and Inter University Centre for Teacher Education (IUCTE) BHU, Varanasi. The certification audit of accounts of all these Inter-University Centres for the year 2018-19 were taken up under Section 19(2) of the C&AG (DPC) Act along with the certification audit of UGC for the year 2017-18. Comments on the accounts of these centers are given below:-

1. Consortium for Educational Communication (CEC) New Delhi

A. Balance Sheet

A.1 Liabilities

A.1.1 Current Liabilities & Provisions (Schedule 3)-Rs. 34.14 crore

The above includes unutilised grant-in-aid of Rs. 15.09 crore which has been worked out in Schedule of Grants/Subsidies (Schedule 10) by taking the opening balance of grant-in-aid of MOOC project as Rs. 1.17 crore whereas as per the information furnished to audit the opening balance is Rs. 10.04 crore.This has resulted in understatement of unutilized Grant-in-aid and overstatement of Capital Fund by Rs. 8.87 crore.

A.2 Assets

A.2.1 Loans, Advances & Deposits (Schedule 8) - Rs. 47.23 crore

The above includes advance of Rs. 2.36 crore to Educational Multimedia Research Centre, Jai Narayan Vyas University, Jodhpur out of which amount of Rs. 1.46 crore has been refunded by it in October 2018. The same has not been taken into accounts, thereby resulting in overstatement of Loans, Advances & Depositsand understatement of Current Assets-Bank Balances by Rs. 1.46 crore.


B.1 Income

B.1.1 Grants/Subsidies (Schedule 10) – Rs. 14.34 crore

As per the format of accounts prescribed by Ministry of Human Resource Development grant utilized for revenue expenditure (exclusive of provision for retirement benefits and depreciation) should be shown as income in the above Schedule. However while working the grant utilized for revenue expenditure depreciation expenses of Rs. 99.74 lakh has been considered resulting in overstatement of Grants/Subsidies with consequent overstatement of Capital Fund and understatement of Current Liabilities & Provisions – unutilized grant-in-aid by Rs. 95 lakh.

76

C. General

As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas CEC has charged depreciation on the written down values method at the rates prescribed in the Income tax Rules.

2. Inter-University Accelerator Centre (IUAC), New Delhi

A. Balance Sheet

A.1 Assets

A.1.1 Fixed Assets (Schedule 3) -Rs. 172.64 crore

The above includes an amount of Rs.74.11 crore under the head Building whereas as per record Land is not in the name of IUAC. The IUAC has an agreement with JNU for use of land for construction of building. This fact should be disclosed in Notes to Accounts. The issue has been pointed out since 2016-17 but remedial action has not been taken.


B.1 Income

B.1.1 Income Grants/Subsidies (Schedule 6) – Rs. 54.15 crore

As per the format of accounts prescribed by Ministry of Human Resource Development grant utilized for revenue expenditure (excluding of Provision for retirement benefits and depreciation) is Rs. 49.03 crore (Annexure II) instead of Rs. 54.15 crore as shown in the above schedule. This resulted in overstatement of Grants/Subsidies with consequent overstatement of Capital Fund and understatement of Current Liabilities & Provisions – unutilized grant-in-aid by Rs. 5.12 crore.

B.2 Expenditure

B.2.1 Depreciation (Schedule 3) - Rs. 18.35 crore

The above is overstated by Rs. 83.76 lakh due to incorrect calculation of depreciation on addition of Office Equipments, Computers & Peripherals and Library.

This has resulted in understatement of Capital Fund and Fixed Assets by Rs. 83.76 lakh.

3. Inter University Centre for Teacher Education (IUCTE), BHU, Varanasi

A. General

A.1 The accounts have not been prepared in the format of accounts prescribed by MHRD as detailed below:-

(i) Schedule 10 pertaining to the grants/Subsidies have not been drawn due to which the unspent grant-in-aid has not been worked out. The entire revenue grant received during the year has been shown as Income in the Income & Expenditure Account.

(ii) The Centre received capital Grant-in-aid of Rs. 23.46 crore out of which capital expenditure of Rs. 19.50 crore (as per schedule of Fixed Assets) has been incurred

77

during the year. As per the MHRD format of accounts the grant utilized for capital expenditure is to be added to the capital Fund.

The unutilized capital grant-in-aid of Rs. 3.96 crore is required to be shown as liability in the accounts. The same has not been done.

(iii) The Centre has not annexed its accounting policy and Notes to Accounts in its annual Accountswhich is contravention of Format of Accounts prescribed by MHRD.

As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas IUCTE has charged depreciation on the written down value method.

A.2 The Institute has given Rs.19.31 crore as advance to CPWD for construction works and shown the whole amount under the head ‘Building under construction’ (WIP) whereas as per ‘Form CPWA-65’ work of Rs. 33.25 lakh was completed. This resulted in understatement of Advances by Rs. 18.98 crore and overstatement of Fixed Assets-WIP by Rs. 19.31 crore.

4. UGC-DAE Consortium for Scientific Research (CSR), Indore

A. Balance sheet

A.1 Application of Funds

A.1.1 Current Assets (Schedule 6)- Rs.34.97 crore

This does not include bank balances of Sponsored Projects amounting to Rs.12.45 crore. The same has been shown under Loans, Advances and Deposits (Schedule 7). This resulted in understatement of Current Assets and overstatement of Loan, Advances & Deposits by Rs.12.45 crore.

5. Information and Library Network Centre (INFLIBNET) Gandhinagar

A. Balance Sheet

A.1 Liabilities

A.1.1 Current Liabilities & Provisions (Schedule 3) - Rs. 8.38 crore

The above does not include the provision for pension benefits as per the actuarial report amounting to Rs. 11.15 crore. This has resulted in understatement of Current Liabilities & Provisions and understatement of Deficit by Rs. 11.15 crore.

B. General

As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas INFLIBNET has charged depreciation on the written down value method.

B.1 The INFLIBNET-Gandhinagar is preparing its accounts in two parts, one is main and the other is E-Content Accounts. The centre should prepare consolidated financial statements (Balance Sheet, R&P Account and I&E Accounts) showing the financial position of the entire INFLIBNET Gandhinagar as a whole.

78

6. Inter University Centre for Astronomy & Astrophysics (IUCAA), Pune

A. Balance Sheet

A.1 Liabilities

A.1.1 Current Liabilities & Provisions (Schedule F) - Rs. 35.03 lakh

(i) The above does not include the unutilized grant-in-aid amounting to Rs. 4.73 crore (as per UC) resulting in understatement ofCurrent Liabilities & Provisions and overstatement of General Fund by Rs. 4.73 crore.

(ii) The above does not include the Provision for retirement benefits on the basis of actuarial valuation which is contravention of Accounting Standard 15 and the format of Accounts prescribed by MHRD.

B. General

B.1 The accounts have been prepared on the hybrid system of Accounting viz Cash accounting system for budget related expenditure and in cases of other projects accrual system of accounting is being followed. This is in contravention of MHRD format of accounts which states that accounts are to be prepared on accrual basis.

B.2 The assets created out of the grant-in-aid has not been added to the Capital Fund which is contravention of the format of accounts prescribed by MHRD.

B.3 Adjustments in Surplus not routed through Income & ExpenditureAccount

On scrutiny of the records it was observed that adjustments as detailed below have been done to reduce the surplus from Rs. 5.15 crore to Rs. 3.81 crore:

Particulars of adjustments Debit (Rs.) Credit (Rs.)

Expenses charged to Benevolent Fund Account of Staff 110000 -

Comp. Hardware written off add back for depreciation 1471255

Leave encashment and Gratuity payable treating deferred income

14724824

Interest transfer to Benovalent Fund Account of Staff 5074

Total 14839898 1471255

Net debit 13368643

Institute should have routed these adjustments through Income and expenditure in order to have transparency in accounts.

7. National Assessment and Accreditation Council (NAAC), Bengaluru

A. Significant Accounting Policies & Notes to Accounts

As per the Notes to Accounts No. 7 leave encashment and gratuity to employees are accounted on cash basis in contravention to Format of Accounts prescribed by MHRD and Accounting Standard 15.

79

Management letter: Deficiencies which have not been included in the Audit Report have been brought to the notice of the Chairman, UGC through a management letter issued separately for remedial /corrective action.

v. Subject to our observations in the preceding paragraphs, we report that the Balance Sheet and Income and Expenditure Account and Receipts and Payments Account dealt with by this report are in agreement with the books of accounts.

vi. In our opinion and to the best of our information and according to the explanation given to us, the said financial statements, read together with the Accounting Policies and Notes on Accounts, and subject to the significant matters stated above and other matters mentioned in Annexure to this Audit Report, give a true and fair view in conformity with accounting principles generally accepted in India:

a. in so far as it relates to the Balance Sheet of the state of affairs of the University Grants Commission as at 31 March 2019; and

in so far as it relate to the Income and Expenditure Account of the deficit for the year b. ended on that date.

For and on behalf of the C & AG of India

Place: New Delhi Director General of AuditDate: 25 Nov. 2019 Central Expenditure

80

Annexure-I to Audit Report1. Adequacy of internal audit system

The internal audit of Regional Centres and Inter University Centres of UGC is conducted by Internal Audit Wing of the UGC.

Out of 13 units ( 7 IUCs and 6 ROs ) only 4 units were planned during the year 2018-19 out of which 2 unit were audited during the year 2018-19.

The internal audit of IUAC Delhi and CEC Delhi had not been done since 2017-18 and of UGC-DAE Consortium for Scientific Research, Indore has not been done for the year 2018-19. The position of the internal audit of the remaining IUCs was not furnsihed to audit.

2. Adequacy of internal control system

The internal control of UGC needs to be strengthened as:

Physical verification of Fixed Assets of UGC (Hqrs) has not been conducted since December 2008.

UGC (Hqrs) library records (accession register) had 381 books without accession number.

87 audit paras in respect of UGC were outstanding upto audit done for the year 2014-16.

The asset register of UGC (Hqrs) and RO Kolkata were not maintained in the prescribed format.

The Register of Contracts was not maintained at UGC (Hqrs).

As per the generally accepted accounting Principles the closing balance of cash book should not be in negative. However, the cash book balance of Canara Bank Account No. 9513 of Inter University Accelerator Centre as on 31.03.2019 is (-) Rs. 43.18 lakh.

3. System of physical verification of fixed assets

The physical verification of Furniture & Fixtures and computer and its accessories of UGC (HQ) has been conducted upto December 2008. The Physical verification of Books &Publication has been done upto October 2018.

The physical verification of Fixed Assets of CEC Delhi & IUAC Delhi has been conducted up to the year 2018-19.

The Physical verification of Fixed Assets of DAE-CSR, Indore and IUCTE Varanasi has not been conducted for the year 2018-19.

The status of physical verification of Fixed Assets ofthe remaining IUCs viz NAAC Bengaluru, IUCCA Pune and INFLIBNET Pune was not shown to audit

4. System of physical verification of inventory

Physical verification of consumables and stationery of UGC (HQ) had been conducted upto 2017-18.

The physical verification of inventories of CEC Delhi & IUAC Delhi has been conducted up to the year 2018-19.

81

The Physical verification of inventories of DAE-CSR, Indore and IUCTE Varanasi has not been conducted for the year 2018-19.

The status of physical verification of the inventories ofremaining IUCs viz NAAC Bengaluru, IUCCA Pune and INFLIBNET Pune was not shown to audit.

5. Regularity in payment of statutory dues

As per accounts no payment over six months in respect of statutory dues were outstanding as on 31.3.2019.

82

Annexure IIInter University Accelerator Centre

Working of Revenue Expenditure as per MHRD format of Accounts

Staff Payments & Establishment Expenses (Schedule 9) 41,69,58,517

Academic Expenses (Schedule 10) 1,67,09,117

Administrative & General Expenses (Schedule 11) 8,47,90,022

Transportation Expenses (Schedule 12) 10,78,274

Repairs & Maintenance (Schedule 13) 2,30,05,192

54,25,41,122

Less Provisions for Retirement Benefits (Schedule 9A) 14,20,62,459

Add Actual Expenditure on Retirement Benefits ((Schedule 9A) 2,83,56,992

42,88,35,655

Add capital grant –in-aid utilized for revenue expenditure 6,14,74,999

49,03,10,654

83

fo'ofo|ky; vuqnku vk;ksxUniversity Grants Commission

Ekkuo lalk/ku fodkl ea=kky;] Hkkjr ljdkj(Ministry of Human Resource Development, Govt. of India)

cgknqj'kkg tQj ekx ubZ fnYyh& 110 002Bahadurshah Zafar Marg, New Delhi-110002

Phone : 011-23604313, 011-23604199

Comments of UGC and IUCs on the Separate Audit Report (SAR) 2018-19

Point No.

Audit Memo. Reply/Comments

A.A.1A.1.1

Balance Sheet AssetsCurrent Assets (Schedule-7) Rs.1061.66 croreBank Balances – Rs.1057.73 croreThe above includes Grants amounting to Rs.289.83 crore received in April 2019 from MHRD. This has resulted in overstatement of Current Assets – Bank Balances and understatement of Loans, Advances and Deposits by Rs.289.83 crore.

Noted for compliance in the financial year 2019-20.

A.1.2 Loan Advances and Deposits (Schedule 8) – Rs.12.49 crore.The above does not include an advance of Rs.1.50 crore given by UGC to the Kirori Mal College for NET (Exam). This has resulted in understatement of Current Asset as well as Capital Fund by Rs.1.50 crore. This is being pointed out since 2015-16 but remedial action has not been taken.


B.B.1B.1.1

Income & Expenditure AccountExpenditureDepreciation (Schedule-4) – Rs.1.10 CroreThe above includes depreciation amounting to Rs.40.14 lakh on Electrical appliances calculated @ 7.5% against the prescribed rate of 5%. This has resulted in overstatement of Depreciation and understatement of Capital Fund by Rs.13.38 lakh.


84

B.1.2 Interest paid to GPF subscriber (NET) (Schedule 11) – Rs.64.03 lakhThe above represents shortfall of interest earned on investment of GPF whereas as per the records there is no such shortfall. This has resulted in overstatement of Expenditure and deficit by Rs.64.03 lakh.

During FY 2018-19, the Commission has made separate accounts for GPF/CPF. However GPF/CPF being a part of UGC, the Commission has also merged the same within its books. This is because GPF/CPF does not have any separate legal entity in the eyes of law. They are the part of UGC. Moreover in case of any deficit, the UGC has to borne that loss and has to pay the amount. So merging the same with the books of commission makes it more relevant. However if the audit committee is of the opinion that the same shall not be merged, the Commission will not merge GPF/CPF books in main accounts from next financial year.

C.

C.1

Balance Sheet (General Provident Fund Account)AssetsThe above does not include accrued interest of Rs.1.69 crore on FDRs whereas in the Balance Sheet of main account of UGC interest accrued on GPF FDRs of Rs.1.69 crore has been shown. This has resulted in understatement of Assets and Interest Reserve by Rs.1.69 crore.

Noted for compliance.

C.2 LiabilitiesThe GPF Accounts have been prepared in the prescribed format for the first time. Amount of Rs.16.91 lakh shown as Excess of income over expenditure (GPF A/c) pertains to the current year only. The balances of previous years are not included in the same.


D.D.1

Significant Accounting PoliciesAs per the Significant Accounting Policy No.5(b) retirement benefits are accounted for on cash basis as per the system prevailing in the case of central government employees. This accounting policy is in contravention of Accounting Standard 15 and MHRD format of accounts which stipulates that provision for retirement benefits should be made in the accounts on the basis of actuarial valuation. The issue is being pointed out since 2014-15 but remedial action has not been taken.

Noted for compliance

85

D.2 During the year UGC has changed its method of providing depreciation on assets from WDV method to Straight Line method. However, no disclosure in accounts and the impact of such change has not been disclosed in the notes to the Accounts.


E.E.1

General UGC is broadly preparing accounts as per MHRD format of accounts. However some deviations from the format has been noticed as mentioned below:

(a) The Assets & Liabilities of GPF and CPF have been included in the main accounts which is in contravention of the format of Accounts prescribed by MHRD. The issue has been pointed out in last year report but remedial action has not been taken.


(b) UGC is not maintaining separate NPS Accounts as specified in MHRD format of accounts.


(c) Schedule 2A pertaining to Endowment funds as specified in MHRD format of accounts was not prepared by UGC.


(d) Schedule 4 pertaining to Fixed Assets was not prepared as specified in MHRD format of accounts by UGC. The assets in the schedule were not bifurcated as tangibles asset and intangibles asset and work in progress.


E.2. The accounts of Regional Offices of UGC are not being prepared in the format prescribed by MHRD as only Receipts & Payments Accounts have been prepared by them.


E.3 Physical verification of Fixed Assets of UGC (Hqrs) has not been conducted since December 2008.

Physical verification of Fixed Assets was done in December, 2008 and since then the matter is under consideration of the office for updating of the records till date.

86

F.

(i)

(iii)

Grants-in-Aid University Grants Commission is mainly financed by the Ministry of Human Resource Development, Department of Secondary and Higher Education. As per accounts during the year 2018-19, UGC received grants-in-aid of Rs.11368.20 crore (Rs.859.93 crore received in the month of March 2019), had an unspent balance of Rs.663.50 crore, refunds from grantee institutions of Rs.182.05 crore and income of Rs.71.74 crore Out of the total fund of Rs. 12285.49 crore, it utilized Rs. 11516.79 crore leaving an unspent balance of Rs.768.70 crore.During 2018-19 it also received grants-in-aid from following Ministries:Grants-in-aid of Rs.240.00 crore (Rs.Nil crore received in the month of March 2019) from Ministry of Social Justice & Empowerment for National Fellowship for SC and was having an unspent balance of Rs.13.15 crore. It also received Rs.2.01 crore as bank interest and refund. Out of total available funds of Rs.255.16 crore, it utilized Rs.254.84 crore leaving an unspent balance of Rs.0.32 crore as on 31.3.2019.Grants-in-aid of Rs.30.00 crore from Ministry of Social Justice & Empowerment for National Fellowship for OBC and was having an unspent balance of Rs.11.45 crore. It also received Rs.0.29 crore as bank interest and refund. Out of total available funds of Rs.41.75 crore, it utilized Rs.22.44 crore leaving an unspent balance of Rs.19.31 crore as on 31.3.2019.

All figures are verified with the records maintained by UGC.

(ii) Grants-in-aid of Rs.97.70 crore (Rs.36.70 crore received in the month of March 2019) from Ministry of Minority Affairs for Maulana Azad National Fellowship for Minorities and was having an opening balance of Rs.28.94 crore. It also received Rs.1.30 crore as bank interest and refund. Out of total available funds of Rs.127.94 crore, it utilized Rs.91.13 crore leaving an unspent balance of Rs.36.81 crore as on 31.3.2019.

87

(iv) Grants-in-aid of Rs.Nil from Ministry of Tribal Affairs and was having an opening balance of Rs.2.40 crore. It also received Rs.0.27 crore as bank interest and refund. Out of total available funds of Rs.2.67 crore, it utilized Rs.1.83 crore leaving an unspent balance of Rs.0.84 crore as on 31.3.2019.

Part-B Inter-University Centers1. Consortium for Educational Communication (CEC), New Delhi

A.

A.1

A.1.1

Balance Sheet

Liabilities

Current Liabilities & Provisions (Schedule 3) – Rs.34.14 crore

The above includes unutilized grant-in-aid of Rs.15.09 crore which has been worked out in Schedule of Grants/Subsidies (Schedule 10) by taking the opening balance of grant-in-aid of MOOC project as Rs.1.17 crore whereas as per the information furnished to audit the opening balance is Rs.10.04 crore. This has resulted in understatement of unutilized Grant-in-aid and overstatement of Capital Fund by Rs.8.87 crore.

Notes for future compliance as advised by the CAG Auditors.

A.2

A.2.1

Assets

Loan, Advances & Deposits (Schedule 8) – Rs.47.23 crore

The above includes advance of Rs.2.36 crore to Educational Multimedia Research Centre, Jai Narayan Vyas University, Jodhpur out of which amount of Rs.1.46 crore has been refunded by it in October 2018. The same has not been taken into accounts, thereby resulting in overstatement of Loans, Advances & Deposits and understatement of Current Assets-Bank Balance by Rs.1.46 crore

An amount of Rs.14631409/- has been credited to our CEC A/c 1484101035613 (NME ICT Phase 2 Project) on October 2018 without any information & UC. An advice related to advance already issued to the concerned department/media centre on 24.06.2019. The amount has been credited/taken into cash book on 28.05.2019 & already shown to Audit Team.

88

B.

B.1

B.1.1

Income and Expenditure Account

Income

Grants/Subsidies (Schedule 10) – Rs.14.34 crore

As per the format of accounts prescribed by Ministry of Human Resource Development grant utilized for revenue expenditure (exclusive of provision for retirement benefits and depreciation) should be shown as income in the above Schedule. However while working the grant utilized for revenue expenditure depreciation expenses of Rs.99.74 lakh has been considered resulting in overstatement of Grants/Subsidies with consequent overstatement of Capital Fund and understatement of Current Liabilities & Provisions – unutilized grant-in-aid by Rs.95 lakh

Noted for future compliance as advised by the CAG Auditors.

C. General

As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas CEC has charged depreciation on the written down values method at the rates prescribed in the Income tax Rules.

Noted for future compliance as advised by the CAG Auditors.

2. Inter-University Accelerator Centre (IUAC), New Delhi

A.

A.1

A.1.1

Balance SheetAssetsFixed Assets (Schedule 3) – Rs.172.64 croreThe above includes an amount of Rs.74.11 crore under the head Building whereas as per record Land is not in the name of IUAC. The IUAC has an agreement with JNU for use of land for construction of building. This fact should be disclosed in Notes to Accounts. The issue has been pointed out since 2016-17 but remedial action has not been taken.

Noted for compliance and this point will be included in Notes to accounts from 2019-20.

89

B.

B.1

B.1.1

Income and Expenditure Account

Income

Income Grants/Subsides (Schedule 6)-Rs.54.15 crore

As per the format of accounts prescribed by Ministry of Human Resource Development grant utilized for revenue expenditure (excluding of Provision for retirement benefits and depreciation) is Rs.49.03 crore (Annexure II) instead of Rs.54.15 crore as shown in the above schedule. This resulted in overstatement of Grants/Subsidies with consequent overstatement of Capital Fund and understatement of Current Liabilities & Provisions – unutilized grant-in-aid by Rs.5.12 crore.

This was being followed for last many years.

Procedure recommended by CAG audit team for working of Revenue expenditure as per MHRD format of Accounts will be adopted from this financial year.

Suggestion is noted for compliance in future.

B.2

B.2.1

Expenditure

Depreciation (Schedule 3) – Rs.18.35 crore

The above is overstated by Rs.83.76 lakh due to incorrect calculation of depreciation on addition of office Equipments, Computers & Peripherals and Library.

This has resulted in understatement of Capital Fund and Fixed Assets by Rs.83.76 lakh.

Rate of Depreciation has been applied as per IUAC policy. Expertise will be obtained from UGC (IA) for follow-up in future.

3. Inter University Centre for Teacher Education (IUCTE), BHU, Varanasi

A.

A.1

(i)

General

The accounts have not been prepared in the format of accounts prescribed by MHRD as detailed below:

Schedule 10 pertaining to the grants/Subsidies have not been drawn due to which the unspent grant-in-aid has not been worked out. The entire revenue grant received during the year has been shown as Income in the Income & Expenditure Account.

As per the advice of authorized CA the IUCTE has prepared account of income and expenditure on format as applicable to establishments registered under society. The same was presented during 3rd Finance Committee held on 24th July, 2019 which was approved. During the audit, the account approved by Finance Committee was submitted. As per the observation received on 17th Oct., 2019, the account as per schedule 10 has been prepared and enclosed herewith for your kind perusal.

90

(ii) The Centre received capital Grant-in-aid of Rs.23.46 crore out of which capital expenditure of Rs.19.50 crore (as per schedule of Fixed Assets) has been incurred during the year. As per the MHRD format of accounts the grant utilized for capital expenditure is to be added to the capital Fund.The unutilized capital grant-in-aid of Rs.3.96 crore is required to be shown as liability in the accounts. The same has not been done.

The account prepared as per schedule 10 clearly spells out the statement of capital grant received, expenditure during the year and unutilized capital grant.

(iii) The Centre has not annexed its accounting policy and Notes to Accounts in its annual Accounts which is contravention of Format of Accounts prescribed by MHRD.

IUCTE, BHU, Varanasi is newly established institution and has started functioning w.e.f. Jan 2017. We are currently following Accounting Policy on the guidelines provided in the MoA of IUCTE, framing of Bye-Laws of accounting policy in light of MoA is in process.

(iv) As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas IUCTE has charged depreciation on the written down values method.

The depreciation rate for the F.Y. 2018-19 has been taken as per IT rules, now the depreciation rate as MHRD is being prepared and verified by the CA, the receipt and payment account in MHRD Performa and taking consideration of the above will be submitted shortly.

A.2. The Institute has given Rs.19.31 crore as advance to CPWD for construction works and shown the whole amount under the head ‘Building under construction’ (WIP) whereas as per ‘form CPWA-65’ work of Rs.33.25 lakh was completed. This resulted in understatement of advances by Rs.18.98 crore and overstatement of Fixed Assets- WIP by Rs.19.31 crore.

The IUCTE, BHU, Varanasi has given advance to CPWD against estimate cost of building construction on permanent site. The work is in progress and advance is shown under the head expenditure on “Building under Construction” under capital grant.

4. UGC-DAE Consortium for Scientific Research (CSR), Indore.A.

A.1

A.1.1

Balance SheetApplication of FundsCurrent Assets (Schedule-6)- Rs.34.97 croreThis does not include bank balances of Sponsored Projects amounting to Rs.12.45 crore. The same has been shown under Loans, Advances and Deposits (Schedule-7). This resulted in understatement of Current Assets and overstatement of Loan, Advances & Deposits by Rs.12.45 crore.

Bank balances available under sponsored projects has Debit balance and hence shown as Debit Balances in Sponsored Projects in Loans, Advance and Deposits (Schedule-7).However, auditor’s observation has been noted and same will be complied in this financial year i.e. 2019-20.

91

5. Information and Library Network Centre (INFLIBNET), Gandhinagar

A.

A.1

A.1.1

Balance Sheet

Liabilities

Current Liabilities & Provisions (Schedule 3) - Rs. 8.38 crore

The above does not include the provision for pension benefits as per the actuarial report amounting to Rs. 11.15 crore. This has resulted in understatement of Current Liabilities & Provisions and understatement of Deficit by Rs. 11.15 crore.

The Centre in compliance of the CAG audit report for the year 2017-18 got prepared the actuarial report for the employees of the Centre. The provision for liability under pension requirements that will arise in future is not made in the accounts for the year since the necessary funds for pension are released by UGC based on the budget submitted by the Centre on year to year basis. Further, it may kindly be noted that this Centre was established by UGC under section 12CCC of the UGC Act 1956. The Centre is maintained and fully funded by the UGC, accordingly, the funds are provided from the UGC. In view of the same provision of the liability for pension is not made.

B.

B.1

General

As per the format of accounts prescribed by MHRD depreciation on fixed assets is to be charged on straight line method at rates specified there in whereas INFLIBNET has charged depreciation on the written down values method.

The INFLIBNET Centre is charging depreciation as per the approved rates and method of depreciation that were approved in 20th Meeting of the Finance Committee held on 7th January, 2014. The depreciation method and rates adopted by the Centre are in line with the generally accepted accounting principles. Hence it is in order.

B.2 The INFLIBNET-Gandhinagar is preparing its accounts in two parts, one is main and the other is E-Content Accounts. The centre should prepare consolidated financial statements(Balance Sheet, R&P Account and I&E Accounts) showing the financial position of the entire INFLIBNET Gandhinagar as a whole.

The E-content is a separate project and Centre required to maintain separate accounting for the same. However, the observation made by the Audit to prepare consolidated financial statement in regard of financial statement of the Centre and E-content project has been noted and the same will be implemented in consultation with the statutory auditors of the Centre.

6. Inter University Centre for Astronomy & Astrophysics (IUCAA), Pune

A.A.1A.1.1

(i)

Balance SheetLiabilitiesCurrent Liabilities & Provisions (Schedule F) – Rs.35.03 lakhThe above does not include the unutilized grant-in-aid amounting to Rs.4.73 crore (as per UC) resulting in understatement of Current Liabilities & Provisions and overstatement of General Fund by Rs.4.73 crore.

This is noted.

The necessary accounting will be done for unspent capital grant/revenue grant as the case may be. Hence, para may be dropped.

92

(ii) The above does not include the Provision for retirement benefits on the basis of actuarial valuation which is contravention of Accounting Standard 15 and the format of Accounts prescribed by the MHRD.

We have provided the liability as per Govt. of India rules. The retirement benefits are to be provided on actuarial certification basis. This is in line with AS-15.However, IUCAA is registered as a Trust under the Bombay Public Trust Act. AS -15 is not applicable to a Trust, which is fully funded by the Government of India. Hence para may be dropped.

B.

B.1

GeneralThe accounts have been prepared on the hybrid system of Accounting viz Cash accounting system for budget related expenditure and in cases of other projects accrual system of accounting is being followed. This is in contravention of MHRD format of accounts which states that accounts are to be prepared on accrual basis.

This is noted. However, since we have to follow the accrual system, then the necessary accounting method will be followed to take care of the AS-1. Hence, para may be dropped.

B.2 The assets created out of the grant-in-aid has not been added to the Capital Fund which is contravention of the format of accounts prescribed by MHRD.

This is noted. The accounting will be done in line with the requirement of MHRD’s Guidelines related to Presentation of IUCAA Fixed Assets Hence, Para may be dropped.

B.3 Adjustments in Surplus not routed through Income & Expenditure Account On scrutiny of the records, it was observed that adjustments as detailed below have been done to reduce the surplus from Rs.5.15 crore to Rs.3.81 crore:

Particular of adjustments

Debit (Rs.)

Credit (Rs.)

Expenses charged to Benevolent Fund Account of Staff

110000

Comp. Hardware written off add back for depreciation

1471255

Leave encashment and Gratuity payable treating deferred income

14724824

Interest transfer to Benevolent Fund Account of Staff

5074

Total 14839898 1471255Net debit 13368643

Institute should have routed these adjustments through Income and expenditure in order to have transparency in accounts.

The necessary action will be taken while presenting the final accounts F.Y. 2019-20 for adjustments related Income & Expenditure. Hence Para may be dropped.

93

7. National Assessment and Accreditation Council (NAAC), Bangaluru

A. Significant Accounting Policies & Notes to Accounts

As per the Notes to Accounts No.7 leave encashment and gratuity to employees are accounted on cash basis in contravention to Format of Accounts prescribed by MHRD and Accounting Standard 15.

Liability towards pension, gratuity and leave encashment payable to employees has not been made in the accounts as directions of UGC. As per the instructions of the UGC every year the amount required towards pensionary benefits of the employees retiring in that year will be shown in the concerned budget and sent to UGC. The UGC will allocate the required amount.

Annexure-1 to Audit Report

1. Adequacy of internal audit System

The internal audit of Regional Centers and Inter University Centers of UGC is conducted by Internal Audit Wing of the UGC.

Yes

Out of 13 units (7 IUCs and 6 ROs) only 4 units were planned during the year 2018-19 out of which 2 unit were audited during the year 2018-19

Out of 13 units (7 IUCs and 6 ROs) Internal Audit for the year up to 2018-19 in respect of all the 6 RO’s and 3 IUAC’s have been planned during the year 2019-20 and Internal Audit all the planned 9 units have already been conducted during the current year 2019-20 itself.

The internal audit of IUAC Delhi and CEC Delhi had not been done since 2017-18 and of UGC-DAE Consortium for Scientific Research, Indore has not been done for the year 2018-19. The position of the internal audit of the remaining IUCs was not furnished to audit.

The internal audit of IUAC Delhi and CEC Delhi had not been done since 2017-18 and proposed to be undertaken during the current financial year.

The internal audit of UGC-DAE Consortium for Scientific Research, Indore has been completed upto Financial year 2018-19

2.

(a)

Adequacy of internal control system

The internal control of UGC needs to be strengthened as:

Physical verification of Fixed Assets of UGC (Hqrs) has not been conducted since December 2008.

Physical verification of Fixed Assets was done in December, 2008 and since then the matter is under consideration of the office for updating of the records till date.

UGC (Hqrs) library records (accession register) had 381 books without accession number.

Efforts are being made to short out the issue.

87 audit paras in respect of UGC were outstanding upto audit done for the year 2014-16.


94

The asset register of UGC (Hqrs) and RO Kolkata ere not maintained in the prescribed format.


The Register of Contracts was not maintained at UGC (Hqrs).


As per the generally accepted accounting Principles the closing balance of cash book should not be in negative. However, the cash book balance of Canara Bank Account No.9513 of Inter University Accelerator Centre as on 31.03.2019 is (-) Rs.43.18 lakh


3. System of physical verification of fixed assets.

The physical verification of Furniture & Fixtures and computer and its accessories of UGC (HQ) has been conducted upto December 2008. The Physical verification of Books & Publication has been done upto October 2018.

Physical verification of Fixed Assets was done in Dec., 2008 and since then the matter is under consideration of the office for updating of the records till date.

The Publication Bureau will shortly make the physical verification of UGC Office at 35 Ferozeshah Road, New Delhi

The physical verification of Fixed Assets of CEC Delhi & IUAC Delhi has been conducted up to the year 2018-19.

Noted

The Physical verification of Fixed Assets of DAE-CSR, Indore and IUCTE Varanasi has not been conducted for the year 2018-19.


The status of physical verification of Fixed Assets of the remaining IUCs viz NAAC Bengaluru, IUCCA Pune and INFLIBNET Ahmedabad was not shown to audit.


4. System of physical verification of inventory

Physical verification of consumables and stationery of UGC (HQ) had been conducted upto 2017-18.

The records of UGC (HQ) regarding physical verification of consumables and stationery items were shown to the Audit Party for the year 2017-18.

The physical verification of inventories of CEC Delhi & IUAC Delhi has been conducted up to the year 2018-19.

Noted

The Physical verification of inventories of DAE-CSR, Indore and IUCTE Varanasi has not been conducted for the year 2018-19.

Noted

95

The status of physical verification of the inventories of remaining IUCs viz NAAC Bengaluru, IUCCA Pune and INFLIBNET Ahemedabad was not shown to audit.


5. Regularity in payment of statutory dues

As per accounts no payment over six months in respect of statutory dues were outstanding as on 31.3.2019.

Noted

Thanking you, Yours faithfully,

(Arun Kumar Sinha) Under SecretaryEncl. as above.

96

Annexure IIInter University Accelerator Centre

Working of Revenue Expenditure as per MHRD format of Accounts

Staff Payments & Establishment Expenses (Schedule 9) 41,69,58,517

Academic Expenses (Schedule 10) 1,67,09,117

Administrative & General Expenses (Schedule 11) 8,47,90,022

Transportation Expenses (Schedule 12) 10,78,274

Repairs & Maintenance (Schedule 13) 2,30,05,192

54,25,41,122

Less Provisions for Retirement Benefits (Schedule 9A) 14,20,62,459

Add Actual Expenditure on Retirement Benefits ((Schedule 9A) 2,83,56,992

42,88,35,655

Add capital grant –in-aid utilized for revenue expenditure 6,14,74,999

49,03,10,654

annual accounts 2018-2019

Documents